Question: Problem 976 Estimated Payments (L0 9.2) Kana is a single wage earner with no dependents and taxable income of $168,700 in 2021. Her 2020 taxable



Problem 976 Estimated Payments (L0 9.2) Kana is a single wage earner with no dependents and taxable income of $168,700 in 2021. Her 2020 taxable income was $155,000 and tax liability was $31,375. Calculate Kana's 2021 income tax liability and the minimum required 2021 annual payment necessary to avoid any penalty. Round your answers to two decimal places. Click here to access the income tax rate schedules. Kana's 2021 income tax liability: $ Kana's minimum required 2021 annual payment necessary to avoid any penalty: $ In all levels ofmmbl'e income; Don 'I use them mgure your fax. Instead, Tax Rate CAUTION see the inmerfonsfar {me la Schedules Schedule XIf your filing status is Single If your taxable income is: 20 2 1 E The Tax Rate Schedules are shown so you can see the tax rate that applies 14351.00 1- 24% 33,603.00 4- 32% 4T,B43.00 + 35% 15?,M425 + 31"\": But not over $19,900 81,050 1 ?2,?50 329,850 410,350 623,300 168,993.50+3?% Schedule Y-2 If your filing status is Married ling separately If your taxable income is: But not over $Q,950 -__-__-__ 10% 40,525 $95.00 + 12% 86,3?5 4,004.00 4- 22% 164,925 14,751.00 4- 24% 209,425 33,600.00 4. 32% 314,150 41.343110 4- 35% _________ 04,406.75+3T% ..-...._. 10% $1,420.11! + 12% 0,220.00 1- 22% 13,200.00 1- 24% 32,145.00 1- 32% 46,305.11! 4- 35% 155,355.11} 1- 3130 Note: The tax rate schedules for income of at least $100,000 are presented in the tradilional"additive" format on this page and in the somewhat lesser used "deductive" style on Page A3. Both formats will compute the same tax amounts for taxable income of at least $100,000
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