Kana is a single wage earner with no dependents and taxable income of $205,000 in 2018. Her

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Kana is a single wage earner with no dependents and taxable income of $205,000 in 2018. Her 2017 taxable income was $155,000 and tax liability was $36,382. Calculate the following

Kana’s 2018 income tax liability $_______

Kana’s minimum required 2018 annual payment necessary to avoid penalty $_________

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Income Tax Fundamentals 2019

ISBN: 9781337703062

37th Edition

Authors: Gerald E. Whittenburg, Steven Gill

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Question Posted: Mar 02, 2019 06:46 AM

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Kana is a single wage earner with no dependents and taxable income of $205,000 in 2018. Her

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4743950 Kanas tax liability is 205000 200000 x 35 ...View the full answer

Income Tax Fundamentals 2019

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