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Required information (The following information applies to the questions displayed below.] Lacy is a single taxpayer. In 2019, her taxable income is $42,300. What is her tax liability in each of the following alternative situations? Use Tax Rate Schedule, Dividends and Capital Gains Tax Rates, Estates and Trusts: for reference. (Do not round intermediate calculations. Round your answer to 2 decimal places.) a. All of her income is salary from her employer. Tax liability $ 5,164.50 - Required information (The following information applies to the questions displayed below.] Lacy is a single taxpayer. In 2019, her taxable income is $42,300. What is her tax liability in each of the following alternative situations? Use Tax Rate Schedule, Dividends and Capital Gains Tax Rates, Estates and Trusts for reference. (Do not round intermediate calculations. Round your answer to 2 decimal places.) b. Her $42,300 of taxable income includes $7,500 of qualified dividends. Tax liability ! Required information [The following information applies to the questions displayed below.] Lacy is a single taxpayer. In 2019, her taxable income is $42,300. What is her tax liability in each of the following alternative situations? Use Tax Rate Schedule, Dividends and Capital Gains Tax Rates, Estates and Trusts for reference. (Do not round intermediate calculations. Round your answer to 2 decimal places.) c. Her $42,300 of taxable income includes $7,600 of qualified dividends. Tax liability 2019 Tax Rate Schedules Individuals Schedule X-Single If taxable income is over: But not over: The tax is: $ 0 $ 9,700 10% of taxable income $ 9,700 $ 39,475 $ 84,200 $160,725 $ 39,475 $ 84,200 $160,725 $204,100 $510,300 $970 plus 12% of the excess over $9,700 $4,543 plus 22% of the excess over $39,475 $14,382.50 plus 24% of the excess over $84,200 $32,748.50 plus 32% of the excess over $160,725 $46,628.50 plus 35% of the excess over $204,100 $153,798.50 plus 37% of the excess over $510,300 $204,100 $510,300 . IN 1 Li 1: W domutan Tax Rates for Net Capital Gains and Qualified Dividends Taxable Income Rate* Trusts and Estates 0% Married Filing Jointly $0 - $78,750 $78,751 - $488,850 $488,851+ Married Filing Separately $0 - $39,375 $39,376 - $244,425 $244,426+ Single $0 - $39,375 $39,376 - $434,550 $434,551+ Head of Household $0 - $52,750 $52,751 - $461,700 $461,701+ 15% $0 - $2,650 $2,651 - $12,950 $12,951+ 20% *This rate applies to the net capital gains and qualified dividends that fall within the range of taxable income specified in the table (net capital gains and qualified dividends are included in taxable income last for this purpose). Estates and Trusts If taxable income is over: But not over: The tax is: $ 0 $ 2,600 10% of taxable income $ 2,600 $ 9,300 $ 9,300 $12,750 $260 plus 24% of the excess over $2,600 $1,868 plus 35% of the excess over $9,300 $3,075.50 plus 37% of the excess over $12,750 $12,750

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