Question: Chapter 20 Problem 2-42 (LO 2-5) Determine the tax liability for tax year 2018 in each of the following instances. In each case, assume the
Chapter 20 Problem 2-42 (LO 2-5) Determine the tax liability for tax year 2018 in each of the following instances. In each case, assume the taxpayer can take only the standard decution Use the appropriate Tax Tables and Tax Rate Schedules a. A single taxpayer, not head of household with AG of $23,493 and one dependent b. A single taxpayer, not head of household, with AG of $169,783 and no dependents (Round your intermediate computations to 2 decimal places and final answer to the nearest dollar amount.) c. A married couple filing jointly with AGI of $39,945 and two dependents d. A married couple filing jointly with AG of $162,288 and three dependents (Round your intermediate computations to 2 decimal places and final answer to the nearest dollar amount.) e. A married couple filing jointly with AG of $301,947 and one dependent. (Round your intermediate computations to 2 decimal places and final answer to the nearest dollar amount) 1. A taxpayer filing married filing separately with AGI of $68996 and one dependent Q. A qualifying widow, age 66, with AG of $49.240 and one dependent h. Ahead of household with AGI of $14,392 and two dependents i Ahead of household with AGI of $59 226 and one dependent (For all requirements, use the Tox Tables for taxpayers with taxable income under $100,000 and the Tax Rate Schedules for those with taxable income above $100,000.)
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