Question
#3. Your W-2 form reports that your total wages were $111,284 for 2018. Your W-2 form also reports that $19,357 was withheld from your wages
#3. Your W-2 form reports that your total wages were $111,284 for 2018. Your W-2 form also reports that $19,357 was withheld from your wages for federal income tax. You receive a 1099-INT from your bank that indicated interest earned of $12,603. You are married and will be filing as married filing jointly.
How much is your adjusted gross income?
How much is your taxable income?
What is your total tax for the year?
What is the amount of your payment or refund?
What is your tax as a percent of taxable income?
What tax bracket does this person fall into?
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Company Accounting
Authors: Ken Leo, John Hoggett, John Sweeting, Jennie Radford
8th Edition
0470819731, 978-0470819739
