What Is the Tax Liability for an Individual with $52,000

question 63

Multiple Choice

What is the tax liability for an individual with $52,000 of income,which includes $2,000 of dividends,if the tax rate is 15% on income up to $25,350 and 28% on income over $25,350?

• A) $11,704.50
• B) $11,264.50
• C) $14,000.00
• D)$14,560.00

---

Definitions:

Coping Strategies

Techniques or methods used to manage stress and difficult situations.

Stressful Events

Instances or periods that cause significant strain or pressure on an individual, impacting their mental and physical well-being.

Optimal Aging

The process of maintaining physical, social, and psychological well-being and functioning in older adults, striving for the highest quality of life regardless of the presence or absence of disease.

Cognitive Performance

Refers to the execution of tasks that require mental processes such as perception, memory, decision-making, and problem-solving.