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Posted on Aug 02, 2024

3. Determine Tax Liability. Find the tax liabilities based on the taxable income of the following people: (a) married couple, $92,225; (b) married couple, $74,170;

3. Determine Tax Liability. Find the tax liabilities based on the taxable income of the following people: (a) married couple, $92,225; (b) married couple, $74,170; (c) single person, $27,880; (d) single person, $56,060. (Hint: Use Table 4-3.) ed by the la ay be claimed tly), children, For whom the husband and Table 4-3 5,039 or her own or Tax Table Your Tax Is If Taxable income is me by $4,050. Married comes. But Less Filing Than Single At Least Jointly 25,000 25,050 3,290 2,826 25,050 25,100 3,298 2,834 25.100 125,150 3,305 2,841 e your taxable 27,850 27.900 3,718 3,254 27,900 27,950 3,725 3,261 come, subtract- 30,000 30,050 4,040 3,576 the number of 30,050 30,100 4,048 3,584 30,100 4,055 total itemized 30,150 3,591 30,150 30,200 4,063 3,599 39,600 39,650 5,678 5,016 39,650 preliminary tax 39,700 5,690 5,024 39,700 39,750 5,703 5,031 s (such as single 39.750 39,800 5,715 40,200 40,250 5,328 ermine tax liabil 5,106 40,250 40,300 5,340 5,114 47,800 47,850 7,228 6,246 47,850 47,900 7,240 6,254 djustments of 48,550 48,600 7,915 6,359 48,600 48,650 7,928 6,366 s of $8,285. 48,900 48,950 7.503 6,411 ized deductions 48.950 49,000 8,015 6,419 49,250 8,078 6,456 49,250 49,300 8,090 6,464 53,050 53,100 9,040 7,034 $50,500 53,100 53,150 9,063 7,041 -4,700 56,050 56,100 7,484 56,100 56,150 9.803 7,491 45,800 59,000 59,050 10,528 -12,600 59,050 7,926 59,100 10,540 7,934 14,303 33,200 74,150 10,191 74,200 14,315 -8,100 90,200 10,199 90,250 18,328 90,250 14,099 90,300 25,100 18,340 14,111 $ 2.841 RS tax-rate schedule illustrated in Table 4-2. 49,200 9,875 74.100 74,150 14,303 "These segments of the tax table are derived from the 3. Determine Tax Liability. Find the tax liabilities based on the taxable income of the following people: (a) married couple, $92,225; (b) married couple, $74,170; (c) single person, $27,880; (d) single person, $56,060. (Hint: Use Table 4-3.) ed by the la ay be claimed tly), children, For whom the husband and Table 4-3 5,039 or her own or Tax Table Your Tax Is If Taxable income is me by $4,050. Married comes. But Less Filing Than Single At Least Jointly 25,000 25,050 3,290 2,826 25,050 25,100 3,298 2,834 25.100 125,150 3,305 2,841 e your taxable 27,850 27.900 3,718 3,254 27,900 27,950 3,725 3,261 come, subtract- 30,000 30,050 4,040 3,576 the number of 30,050 30,100 4,048 3,584 30,100 4,055 total itemized 30,150 3,591 30,150 30,200 4,063 3,599 39,600 39,650 5,678 5,016 39,650 preliminary tax 39,700 5,690 5,024 39,700 39,750 5,703 5,031 s (such as single 39.750 39,800 5,715 40,200 40,250 5,328 ermine tax liabil 5,106 40,250 40,300 5,340 5,114 47,800 47,850 7,228 6,246 47,850 47,900 7,240 6,254 djustments of 48,550 48,600 7,915 6,359 48,600 48,650 7,928 6,366 s of $8,285. 48,900 48,950 7.503 6,411 ized deductions 48.950 49,000 8,015 6,419 49,250 8,078 6,456 49,250 49,300 8,090 6,464 53,050 53,100 9,040 7,034 $50,500 53,100 53,150 9,063 7,041 -4,700 56,050 56,100 7,484 56,100 56,150 9.803 7,491 45,800 59,000 59,050 10,528 -12,600 59,050 7,926 59,100 10,540 7,934 14,303 33,200 74,150 10,191 74,200 14,315 -8,100 90,200 10,199 90,250 18,328 90,250 14,099 90,300 25,100 18,340 14,111 $ 2.841 RS tax-rate schedule illustrated in Table 4-2. 49,200 9,875 74.100 74,150 14,303 "These segments of the tax table are derived from the