Question: Can someone please help me solve this? Using the married filing jointly status and their income and expensestatement, calculate the 2014 tax liability for Shameka
Can someone please help me solve this?
Using the married filing jointly status and their income and expensestatement, calculate the 2014 tax liability for Shameka and Curtis Williams. First use the standarddeduction, and then use the following itemizeddeductions:
Income
Expenses
Earned income
$54,000.00
Home mortgage interest
$8,300.00
Interest income
1,700.00
Real estate and state income taxes
3,800.00
Miscellaneous deductions
800.00
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