Question: please help me! the tables are under below Terrell, an unmarried individual, has the following income items: Schedule C net profit % 31,900 salary 55,120

please help me! the tables are under below

please help me! the tables are under belowplease help me! the tables are under belowplease help me! the tables are under belowplease help me! the tables are under belowplease help me! the tables are under belowplease help me! the tables are under belowplease help me! the tables are under below
Terrell, an unmarried individual, has the following income items: Schedule C net profit % 31,900 salary 55,120 MOL carryforward deduction (9,198) Interest income 725 Terrell's self-employment tax was $4,507. Terrell had $6,270 in itemized deductions and one dependent child (age 9) who lives with Terrell. Terrell's Schedule C net business profit is qualified business income (non-service). Required: Compute Terrell's income tax (before credits). Assume the taxable year is 2024. Use Individual Tax Rate Schedules and Standard Deduction Table. Note: Round your intermediate calculations and final answers to the nearest whole dollar amount. ) Answer is complete but not entirely correct. AGI 5 76302 Taxable Income 5 63351 Income Tax 6,981 6 Individual Tax Rate Schedules Married Filing Jointly and Surviving Spouse If taxable income is The tax is Not over $23,200 10% of taxable income Over $23,200 but not over $94,300 $2,320.00 + 12% of excess over $23,200 Over $94,300 but not over $201,050 $10,852.00 + 22% of excess over $94,300 Over $201,050 but not over $383,900 $34,337.00 + 24% of excess over $201,050 Over $383,900 but not over $487,450 $78,221.00 + 32% of excess over $383,900 Over $487,450 but not over $731,200 $111,357.00 + 35% of excess over $487,450 Over $731,200 $196,669.50 + 37% of excess over $731,200 Married Filing Separately If taxable income is The tax is Not over $11,600 10% of taxable income Over $11,600 but not over $47,150 $1,160.00 + 12% of excess over $11,600 Over $47,150 but not over $100,525 $5,426.00 + 22% of excess over $47,150 Over $100,525 but not over $191,950 $17,168.50 + 24% of excess over $100,525 Over $191,950 but not over $243,725 $39,110.50 + 32% of excess over $191,950 Over $243,725 but not over $365,600 $55,678.50 + 35% of excess over $243,725 Over $365,600 $98,334.75 + 37% of excess over $365,600 Head of Household If taxable income is The tax is Not over $16,550 10% of taxable income Over $16,550 but not over $63,100 $1,655.00 + 12% of excess over $16,550 Over $63,100 but not over $100,500 $7,241.00 + 22% of excess over $63,100 Over $100,500 but not over $191,950 $15,469.00 + 24% of excess over $100,500 Over $191,950 but not over $243,700 $37,417.00 + 32% of excess over $191,950 Over $243,700 but not over $609,350 $53,977.00 + 35% of excess over $243,700 Over $609,350 $181,954.50 + 37% of excess over $609,350 Single If taxable income is The tax is Not over $11,600 10% of taxable income Over $11,600 but not over $47,150 $1,160.00 + 12% of excess over $11,600 Over $47,150 but not over $100,525 $5,426.00 + 22% of excess over $47.150 Over $100,525 but not over $191,950 $17,168.50 + 24% of excess over $100,525 Over $191,950 but not over $243,725 $39,110.50 + 32% of excess over $191,950 Over $243,725 but not over $609,350 $55,678.50 + 35% of excess over $243.725 Over $609,350 $183,647.25 + 37% of excess over $609,350Married filing jointly and surviving spouses $29.200 Married filing separately 14,600 Head of household 21.900 14.600 13 357 points Standard Deduction Table. TR LR T Y Cole, an unmarried individual with no dependents, has the following income items: Interest income % 24,200 Schedule C net profit 50,660 Cole has $9,300 itemized deductions and the Schedule C income is qualified business income (non- service). Required: ey Compute Cole's income tax. Assume the taxable year is 2024. Useglndividual Tax Rate Schedule :and Note: Round your intermediate calculations and final answers to the nearest whole dollar amount. Answer is complete but not entirely correct. AGI 5 71225@ Taxable Income 5 48,705 Income Tax 5 65056 18 3.57 points Return to question Brandon, an unmarried individual, has $196,400 taxable income. Assume the taxable year is 2024. Use Individual Tax Rate Schedules. Required: a. Identify Brandon's statutory marginal rate and compute average tax rate assuming Brandon is a single taxpayer. b. Identify Brandon's statutory marginal rate and compute average tax rate assuming Brandon is a head of household. c. Identify Brandon's statutory marginal rate and compute average tax rate assuming Brandon is a surviving spouse. o Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Required C Identify Brandon's statutory marginal rate and compute average tax rate assuming Brandon is a single taxpayer Note: Do not round intermediate calculation. Round your "Average rate" answer to 2 decimal places (for exampl Marginal rate 20 % Average rate 2064 @ % Required B > Brandon, an unmarried individual, has $196,400 taxable income. Assume the taxable year is 2024 Use Individual Tax Rate Schedules. 3.57 points Required: a. Identify Brandon's statutory marginal rate and compute average tax rate assuming Brandon is a single taxpayer. b. Identify Brandon's statutory marginal rate and compute average tax rate assuming Brandon is a head of household. c. Identify Brandon's statutory marginal rate and compute average tax rate assuming Brandon is a surviving spouse. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Required C Identify Brandon's statutory marginal rate and compute average tax rate assuming Brandon is a head of househ Note: Round your "Average rate" answer to 2 decimal places (for example XX.XX%). Marginal rate 2@ |% Average rate 2064 % 18 Brandon, an unmarried individual, has $196,400 taxable income. Assume the taxable year is 2024 Use Individual Tax Rate Schedules. 3.57 points Required: a. ldentify Brandon's statutory marginal rate and compute average tax rate assuming Brandon is a single taxpayer. b. Identify Brandon's statutory marginal rate and compute average tax rate assuming Brandon is a head of household. c. ldentify Brandon's statutory marginal rate and compute average tax rate assuming Brandon is a surviving spouse. 3 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Required [ Identify Brandon's statutory marginal rate and compute average tax rate assuming Brandon is a surviving spous Note: Round your "Average rate" answer to 2 decimal places (for example XX.XX%). Marginal rate 22 Q % Average rate 16.00 e % Required B

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