In 2016, Athena reported $38,650 of taxable income. Of this, $33,650 came from her work at the local library and the remaining $5,000 was from capital gains to be taxed at preferential rates. Compute her tax liability for 2016 as a single taxpayer.

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The Answer of In 2016, Athena reported $38,650 of taxable income. Of this, $33,650 came from her work at the local library and the remaining $5,000 was from capital gains to be taxed at preferential rates. Compute her tax liability for 2016 as a single taxpayer.

In 2016, Athena Reported $38,650 of Taxable Income