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10). Compute the 2019 tax liability for Charlotte. Charlotte (age 40) is a surviving spouse and provides all of the support of her four minor
10). Compute the 2019 tax liability for Charlotte. Charlotte (age 40) is a surviving spouse and provides all of the support of her four minor children (all under age 17), who live with her. Charlotte also maintains the household in which her parents live, and she furnished 60% of their support. Besides interest on City of Miami bonds in the amount of $5,500, Charlotte's father received $2,400 from a part-time job. Charlotte earns $120,000 salary, has a short-term capital loss of $2,000, and won a cash-prize of $4,000 at a church raffle. Charlotte reports itemized deductions of $20,500
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