Jonathan is a 35-year-old single taxpayer with adjusted gross income in 2018 of $46,300. He uses the
Question:
Jonathan is a 35-year-old single taxpayer with adjusted gross income in 2018 of $46,300. 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 2019
ISBN: 9781337703062
37th Edition
Authors: Gerald E. Whittenburg, Steven Gill
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