2018 Tax Rate Schedules Schedule X-Single Schedule Z Head of Household If tasable income in over: But not over: The tax is If taxable income in over But not over Th tax is: 10% of taxable income $952.50 plus 12% of the eccess over S9.525 $4,453.50 plus 22% of the excess over S38.700 $14,089.30 plus 24% ofthe excess over $82,500 $32,089.30 plus 32% of the excess over $157,500 $45,689.50 plus 35% of the exoess over $200,000 $150,609.50 plus 37% of the etce" over $500.000 10% of tarable income $1,360 plus 12% of the excess over $13,000 $3.944 plus 22% of the excess over $51,800 $12,098 plus 24% of the eness over $82,500 $30,098 plus 32% of the excess over $157,500 $44,296 pas 35% of the eteess over $200,000 $149,298 plus 37% of the excess over $500,000 $ 38,700 82,500 $157,500 51,800 $ 82,300 $157500 $38,700 $ 51,800 $ 82,500 $157,500 $200,000 $157 500 Schedule F-1-Married Filing Jointly or Qualifying Widom (er) Schedule Y-2-Married Filing Separately If taxable income is over: But not over: S 19,050 S 77,400 $165,000 $315,000 The tax If tazable income is over: But not over The tax i 19.050 77400 $165,000 $315,000 10% of taxable income $1,905 plus 12% of the excess over $19,050 $8907 plus 22% of the excess over $77,400 $28,179 plus 24% ofthe excess over $165,000 564,179 plus 32% ofthe ence" over $315,000 $91,379 plus 35% of the ence" over $400,000 $161,379 plus 37% of the excess over $600,000 10% of taxable income $952.50 plus 12% of the excess over $9,525 $4,453.30 plus 22% of the excess over $38,700 $14,089.50 plus 24% of the ewess over S82.500 $32,009.50 plus 32% of the etoets 0 $157,500 $45,509.50 plus 35% of the excess over $200,000 sso,609.50 plus 37% of the roots over S300.000 S 38,700 82.500 $157,500 38,700 $82,500 157,500 $200,000 $300,000 $600,000 Tax Rates for Net Capital Gains and Qualified Dividends Estates and Trusts Taxable Income If taxable income is But not The tax is: Married Filing Mai Married Filing Trusts and Estates over: Jointly Separately Household $ 2,550 | 10% of taxable income 0% | SO-$77.200 15% | $77.201 _ $479.000 | $38.601-$239.500 | $38.601-$425.800 | $51.701-$452.400 | $2.601 _ $12.700 20% SO $38.600 SO $38.600 SO - $51,700 SO - $2.600 S 2.550 $ 9.150 | S255 plus 24% of the excess over $2.550 SI 2.500 | $1.839 plus 35% of the excess over $479.000+ S239.500+ $425.801+ $452.401+ $12.701+ $12.500 $3,011.50 plus 37% of the excess This rate applies to the net capital gains and qualified dividends that fall within the range of taxable income specified in the table (net capital gains and qualified dividends are included in taxable income last for this purpose) over Required information The following information applies to the questions displayed below. In 2018, Carson is claimed as a dependent on his parent's tax return. Carson's parents provided most of his support. What is Carson's tax liability for the year in each of the following alternative circumstances? Use Tax Rate Schedule, Dividends and Capital Gains Tax Rates, Estates and Trusts for reference. (Round your final answer to the nearest whole dollar amount.) b. Carson is 23 years old at year-end. He is a full-time student and earned $15,875 from his summer internship and part-time job. He also received $5,660 of qualified dividend income. Tax liability