Kana is a single wage earner with no dependents and taxable income of $205,000 in 2018. Her
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Kana is a single wage earner with no dependents and taxable income of $205,000 in 2018. Her 2017 taxable income was $155,000 and tax liability was $36,382. Calculate the following
Kana’s 2018 income tax liability $_______
Kana’s minimum required 2018 annual payment necessary to avoid penalty $_________
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4743950 Kanas tax liability is 205000 200000 x 35 ...View the full answer
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Related Book For
Income Tax Fundamentals 2019
ISBN: 9781337703062
37th Edition
Authors: Gerald E. Whittenburg, Steven Gill
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