Based on the following information, calculate Mary's income taxes. Her income tax rate is 10%. Earned wages
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Based on the following information, calculate Mary's income taxes.
Her income tax rate is 10%.
Earned wages of $10,000
Had $600 casualty loss that did not occur in a federally declared disaster area
Paid $500 of interest on her home mortgage
Paid $900 for medically necessary cosmetic surgery
Paid $800 in alimony Qualified for a $200 adoption tax credit
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: