Angelena files as a head of household. In 2019, she reported $53,450 of taxable income,...
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Accounting
Angelena files as a head of household. In 2019, she reported $53,450 of taxable income, including a $10,000 qualified dividend. What is her gross tax liability, rounded to the nearest whole dollar amount? (Use the Tax rate schedules, long-term capital gains tax brackets.)
A. $6,137
B. $5,042
C. $6,437
D. $4,937
Kevin provided services to several clients this year who paid with different types of property. Which of the following payments is not included in Kevin's gross income?
A. Gold coins.
B. Cash.
C. Shares of stock listed on the New York Stock Exchange.
D. A used car.
E. All of these are included in gross income.
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