What is the amount of rachels taxable income

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Reference no: EM131969127

Problem

Rachel is a head of household taxpayer with a salary of $73,000, qualified dividend income of $4,000, interest income of $1,200 and itemized deductions of $9,150. Rachel has one dependent child.

A. What is the amount of Rachel's taxable income for 2016?

B. What is the amount of Rachel's total tax for 2016?

Reference no: EM131969127

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