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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  • CreatedJuly 16, 2015
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