Question: Hello! Please assist me with required A - C below. Please note that all information to answer this question is provided in the screenshots below.
Hello! Please assist me with required A - C below. Please note that all information to answer this question is provided in the screenshots below. Thank you!
The Palios celebrated the birth of their first and only child on November 18. Required: a. Compute the effect of this event on their tax liability, assuming that their AGI was $102,200, and their taxable income before considering the new dependent was $87.000. b. Compute the effect of this event on theilr tax liability, assuming that their AG| was $428 000, and their taxable income before considering the new dependent was $361,000. c. Compute the effect of this event on their tax liability, assuming that their AGI was $846,000, and their taxable income before considering the new dependent was $730,000. Assume the taxable year is 2024, Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute the effect of this event on their tax liability, assuming that their AGI was $102,200, and their taxable income befcre considering the new dependent was $87,000. Note: Leave no cell blank; if there is no effect, select "No effect\" from dropdown and enter "0". Assume the taxable year is 2024. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute the effect of this event on their tax liability, assuming that their AGI was $428,000, and their taxable income before considering the new dependent was $361,000. Note: Leave no cell blank; if there is no effect, select "No effect" from dropdown and enter "(". Effect on tax liability Assume the taxable year is 2024, Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute the effect of this event on their tax liability, assuming that their AGI was $846,000, and their taxable income before considering the new dependent was $730,000. MNote: Leave no cell blank; if there is no effect, select "No effect\" from dropdown and enter "0".
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