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#49 Eric is single and has no dependents for 2019. He earned $60,000 and had deductions from gross income of $1,800 and itemized deductions of
#49 Eric is single and has no dependents for 2019. He earned $60,000 and had deductions from gross income of $1,800 and itemized deductions of $12,400. Compute Erics income tax for the year using the Tax Rate Schedules.
#50 Allen has taxable income of $75,475 for 2019. Using the Tax Rate Schedules in the Appendix, compute Allens income tax liability before tax credits and prepayments for each of the following filing statuses.
- Married filing jointly
- Married filing separately
- Single
- Head of household
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