Question
3. Kevin is single. In 2020, he earned $65,000 in salary this year from his employer and received $10,000 in alimony from his ex-wife. They
3. Kevin is single. In 2020, he earned $65,000 in salary this year from his employer and received $10,000 in alimony from his ex-wife. They divorced on July 1, 2017. His employer withheld $9,000 in tax from his salary this year. In addition to the above, the following occurred this year:
- He decided he did not like his nose. So he paid $2,000 in cosmetic surgery to make it larger and more defined.
- He paid $2,500 in union dues and for subscriptions to publications related to his work that were not reimbursed by his employer.
- He paid $15,000 in rent his apartment for the year.
| Rate | For Single Individuals, Taxable Income Over | For Married Individuals Filing Joint Returns, Taxable Income Over | For Heads of Households, Taxable Income Over |
|---|---|---|---|
| 10% | $0 | $0 | $0 |
| 12% | $9,875 | $19,750 | $14,100 |
| 22% | $40,125 | $80,250 | $53,700 |
| 24% | $85,525 | $171,050 | $85,500 |
| 32% | $163,300 | $326,600 | $163,300 |
| 35% | $207,350 | $414,700 | $207,350 |
| 37% | $518,400 | $622,050 | $518,400 |
| Filing status | 2020 tax year | |
|---|---|---|
| Single | $12,400 | |
| Married, filing jointly | $24,800 | |
| Married, filing separately | $12,400 | |
| Head of household | $18,650 |
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Management Systems Auditing A Practitioners Guide To Quality And Management Systems Audit
Authors: Dr Warren Doudle
1st Edition
B0C6W3G4W4, 979-8397130271
