Ellen is a single taxpayer with qualified dividend income of $5,000,and itemized deductions of $13,000.
Required: Determine Ellen's taxable income and tax liability in 2014,assuming the following salaries-
a.$50,000.
b.$100,000.

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The Answer of Ellen is a single taxpayer with qualified dividend income of $5,000,and itemized deductions of $13,000.
Required: Determine Ellen's taxable income and tax liability in 2014,assuming the following salaries-
a.$50,000.
b.$100,000.

Ellen Is a Single Taxpayer with Qualified Dividend Income of $5,000,and