Question: Assume you are single and your W - 2 indicates your gross wages were $ 3 6 , 0 0 0 for 2 0 2

Assume you are single and your W-2 indicates your gross wages were $36,000 for 2022 $3,500 was withheld from your pay for federal income taxes. The standard deduction o $12,000 is your only deduction. Using the Tax Table provided on slide #11 in the lecture slides your tax due would be:
$2,689.50
$2,880.00
$2,400.00
$5,280.00
 Assume you are single and your W-2 indicates your gross wages

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!