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Samuel, Head of Household with Two Dependents, Has 2019 Wages

question 58

Essay

Samuel, head of household with two dependents, has 2019 wages of $26,000, paid alimony of $3,000, has taxable interest income of $2,000, and a $12,000 0%/15%/20% net long-term capital gain.Samuel uses the standard deduction and is age 38.What is his 2019 taxable income and the tax on the taxable income?


Definitions:

Disgust

A strong feeling of aversion or revulsion often provoked by something perceived as unpleasant or offensive.

Normative Ethics

A branch of ethics concerned with establishing how things should or ought to be, focusing on the establishment of moral standards that guide actions.

Ethical Relativism

The perspective that moral standards vary across cultures and individuals, and that there are no universal ethical truths.

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