Harold is a head of household, has $27,000 of taxable income in 2016 from non-capital gain or loss sources, and has the following capital gains and losses:

Ignore standard deductions and exemptions. What is Harold's taxable income and the tax on that taxable income?

Question

Harold is a head of household, has $27,000 of taxable income in 2016 from non-capital gain or loss sources, and has the following capital gains and losses:
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Ignore standard deductions and exemptions. What is Harold's taxable income and the tax on that taxable income?

Quizplus · Accepted Answer

The Answer of Harold is a head of household, has $27,000 of taxable income in 2016 from non-capital gain or loss sources, and has the following capital gains and losses:
​
  
Ignore standard deductions and exemptions. What is Harold's taxable income and the tax on that taxable income?

Harold Is a Head of Household, Has $27,000 of Taxable