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Author Question: Use the table to calculate the tax owed. Round to the nearest cent.Married couple filing jointly ... (Read 88 times)

dakota nelson

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Question 1

Use the table to calculate the tax owed. Round to the nearest cent.


Single female, no dependents
Gross income: $35,000
Adjustments: $3000
Deductions:
$2000 charitable contributions
$2500 student loan interest
Tax credit: none
◦ $2902.50
◦ $2032.50
◦ $3690.00
◦ $3120.00

Question 2

Use the table to calculate the tax owed. Round to the nearest cent.


Married couple filing jointly with two dependent children
Gross income: $94,000
Adjustments:  none
Deductions:
$12,000 mortgage interest
$5000 charitable contributions
$2500 student loan interest
Tax credit: $2000
◦ $6025.00
◦ $4240.00
◦ $6285.00
◦ $8685.00


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Marked as best answer by dakota nelson on Feb 2, 2020

rekilledagain

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dakota nelson

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Reply 2 on: Feb 2, 2020
YES! Correct, THANKS for helping me on my review


nanny

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Reply 3 on: Yesterday
Excellent

 

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