Question: Acct 409 - Chapter 4 ICE4 1. Mike Brady's spouse died five years ago. Mike is 40 years old, and he has three boys Greg,

Acct 409 - Chapter 4 ICE4 1. Mike Brady's spouse died five years ago. Mike is 40 years old, and he has three boys Greg, Peter, and Bobby. The three boys (his sons) live with Mike for more than half the year. Greg is 15, Peter is 12, and Bobby is 8. The boys do not provide over half of their own support. Answer the questions below, assuming a filing year of 2019. a. What filing status should Mike use? b. How many dependents will he claim on his tax return? List his qualifying dependents. c. How much is Mike's standard deduction (assume he cannot itemize, and his deduction is not phased out)? d. If Mike's adjusted gross income (AGI) is $170,000, what is his tax before any credits? e. What is Mike's marginal tax rate? Effective tax rate? Average tax rate

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