Question: Using the tax form, instructions and info attached, answer the following questions. 1. Assume you are a single person with no dependents who made $35,000.00

Using the tax form, instructions and info attached, answer the following questions.

1. Assume you are a single person with no dependents who made $35,000.00 from your primary job and an additional $5,500.00 from a part time position. You had a total of $7,700 dollars withheld in taxes (from both jobs combined) and will take the standard deduction.

a)Will you get a refund or will you have to pay more tax?

b)What is the amount of the refund/payment?

2. Using the tax tables on page 90 of the instructions, assume a single person has a taxable income of $382,000.00.

a)What will the single person's total tax be?

b)What is the single person's effective tax rate?

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