Jonathan is a 35-year-old single taxpayer with adjusted gross income of $45,000. He uses the standard deduction
Question:
Jonathan is a 35-year-old single taxpayer with adjusted gross income of $45,000. He uses the standard deduction and has no dependents.
a. Calculate Jonathan’s taxable income. Please show your work. __________________________
b. When you calculate Jonathan’s tax liability are you required to use the tax tables or the tax rate schedules, or does it matter? ______________________
c. What is Jonathan’s tax liability? __________________________
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Related Book For 
Income Tax Fundamentals 2015
ISBN: 9781305177772
33rd Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven Gill
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