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4) I am including the table for the 2020 tax season as well. What would the return amount (part d) for problems 2, and 3

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4) I am including the table for the 2020 tax season as well. What would the return amount (part d) for problems 2, and 3 be based on the new information? TAX YEAR 2020 FEDERAL INCOME TAX BRACKETS Single Filers Married Filing Jointly Tax Rate $0-$9,700 $0-$19,400 10% $9,701 - $39,475 $19,401 - $78,950 12% $39476 - $84,200 $78,951 - $168,400 22% $84,201 - $160,725 $168,401 - $321,450 24% $160,726 - $ 204,100 $321,451 - $408,200 32% $ 204,101 - $510,300 $408,201 - $612,350 35% $510,301+ $612,351+ 37% $12,400 $24,800 Standard Deduction $0 $0 Exemption (per person) 2) It is time to do your taxes, so you gather all the information that might be useful and you summarize it as follows: Filing status: Single Dependents: Yourself Adjustments : $2,400 Tax credits : $1,000 Itemized deduction amount: $9,000 Gross income: $110,000 Amount withheld : $25,000 Based on this information on page 264 (table), what is your: a) adjusted gross income? b) total taxable income? c) total tax from table? d) return amount / owed amount? (Please circle one and indicate its amount) 3) It is time to do your taxes, so you gather all the information that might be useful and you summarize it as follows: Filing status : Married filing Jointly Dependents: Yourself, your spouse, and two children Adjustments : $24,000 Tax credits : $6,000 Itemized deduction amount : $16,000 Gross income: $210,000 Amount withheld: $55,000 Based on this information on page 264 (table), what is your: a) adjusted gross income? b) total taxable income

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