Rates for a head-of-household taxpayer are 10% of taxable income up to $12,750 and 15% thereafter up to $48,600. Jay Jasper, head of household, earned $34,000. He took the standard deduction of $8,950 for a head of household and exemptions of $3,900 each for himself and his two children.

Compute the amount of income tax before credits.

Answer rating: 100% (QA)

Ive computed the amount of income tax before credits for Jay Jasper Heres the breakdown Taxable Inc... View the full answer