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5 10 points Required: Determine the tax liability, marginal tax rate, and average tax rate in each of the following cases. Use the appropriate Tax

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5 10 points Required: Determine the tax liability, marginal tax rate, and average tax rate in each of the following cases. Use the appropriate Tax Tables and Tax Rate Schedules, a. Married taxpayers, who file a joint return, have taxable income of $36,162. b. Single taxpayer , taxable income of $66,829. (For all requirements, use the tax tables to compute tax liability. Round "Average tax rate" to 2 decimal places.) 01:27:15 Skipped Tax ability Marginal tax rate Average tax rate Book b. Print References 2020 Tax Table Continued And you are If line 15 (taxablo income) is- And you are If line 15 (taxable income) is- of At But least less than Single At least Single Married Married Head of filing filing a jointly sepa house- rately hold But less than Married Married Head of filing filing jointly sepa- house- rately hold Your tax is- Your tax is- 33,000 AC 36,000 321 327 333 339 345 351 357 363 369 375 4.381 5,387 1393 3.399 3.405 33,000 33,050 33,100 33,150 33,200 33,250 33,300 33,350 33,400 33.450 3786 3,772 3,778 3.784 3,790 3,796 3.802 3808 2. 814 3,568 3,574 3.580 3,586 3,592 3,503 3.604 3,610 3,616 3.622 33,050 33,100 33,150 33,200 33,250 33,300 33,350 33.400 33.450 33,500 33,550 33,600 33,650 33,700 33.750 33,800 33,850 33,900 33,950 34.000 4,126 4,119 4.138 4,144 4.150 4.156 4162 4.168 44174 4.180 3,706 3,772 3,778 3,784 3,790 3,798 3,802 3,808 3,814 3.820 3.826 3,832 3.838 3,844 3,850 2,856 3.862 3,868 3.874 3,880 3,681 3,687 3,693 3.699 3,705 3,711 3,717 3,723 3.729 3,735 3,741 3,747 3,753 3,759 3,766 3,771 3,777 3,783 3.789 3,795 36,000 36,050 36,100 36,150 36,200 35,250 36,000 36,350 36,400 36,450 36,500 36,550 36,600 36,650 36,700 36,050 36,100 36,150 36,200 36,250 36,300 36,350 36,400 36,450 36,500 36,550 36,600 36,650 36,700 36,750 36,800 36,850 36,900 36,950 37,000 3.928 3.934 3.940 3,946 3,952 3.958 3.964 3.970 3,976 3,982 3,988 3,994 4.000 4,006 4,012 4,126 4,132 4,138 4,144 4.150 4,156 4,162 4,168 4.17 4,180 4,186 4.192 4,19a 4,204 4,210 4,041 4,047 4,053 4,059 4,066 4,071 4,077 4,083 4,089 4,095 4,101 4,107 4,113 4.119 4,125 4,186 4,192 4,198 4,204 4,210 33,500 33,550 33,600 33,650 33,700 33,750 33,800 33,850 900 33,950 3,826 3,832 3,838 3,844 3,850 3,856 3,862 3,868 3,874 3,880 3,628 3.634 3,640 3.640 3,652 3,658 3.664 3,670 3.676 3,682 3.417 3,423 36,750 35,800 36,050 36,900 36,050 4,216 4.222 4,228 4,234 4,240 4,018 4.024 4,030 4,038 4,042 4,216 4.222 4,228 4,234 4.240 4.131 4,137 4,143 4.149 4.155 3429 34,000 37,000 If line 15 (taxable income) is- And you are If line 15 (taxable income) is- And you are If (t: in At least Single But less than Single Married Married Head of filing filing a jointly sepa- house- rately hold At least But loss than At lec Married Married Head of filing filing a jointly sepa- house- rately hold Your tax is- Your tax is- 66,000 69,000 DRA 8,874 8,885 8.896 8,907 8,918 72 7,528 7.534 7.540 7,546 7,552 7,558 7,564 7,570 7,576 7,582 10316 10.327 10.338 10,349 10,360 10,371 10.382 10.393 10.404 10415 16,426 10,437 10.448 10.459 10.470 66,000 66,050 66,100 66,150 66.200 66,250 66,300 66,350 66,400 56,450 66,500 66,550 66,600 66,650 66,700 66.750 66,800 66,850 66,900 66,950 66,050 66,100 66,150 66,200 66,250 66,300 66.350 66,400 66,450 66,500 66,550 66,600 66,650 66.700 66.750 66,800 66,850 66.900 66,950 67,000 9,534 9.545 9.556 9.567 9,578 9,589 9,800 9,611 9,622 9.633 10,316 10.327 10,338 10.349 10,360 10.371 10.382 10,393 10,404 10.415 10,426 10,437 10,448 10.450 10,470 10,481 10.492 10,503 10.514 10.525 72 72 72 72 72 69,050 69,100 69,150 69,200 69,250 69,300 69,350 69,400 69,450 69.500 69,550 69,600 69,650 69.700 69,750 69,000 69,050 69,100 69,150 69,200 69.250 89,300 69,350 69,400 69,450 69,500 69,550 69,600 69,650 69,700 69.750 69,800 69,850 69.900 89,950 10,976 10.987 10,998 11,009 11.020 11,031 11.042 11.053 11.064 11.075 11,085 11.007 11,108 11,119 11,130 7,888 7.894 7.900 7,906 7.912 7,918 7.924 7,930 7,936 7.942 7.948 7,954 7,960 7,966 7,972 8.029 8,940 8,951 8,982 8,973 8,984 8.995 9.006 0.017 9.028 9,039 9.050 9,061 9.072 9.083 TO.976 10.987 10.998 11,009 11.020 11,031 11,042 11.053 11.064 11.075 11.086 11,097 11,108 11.119 11,130 11,141 11.152 11,163 11.174 11.185 7.588 7,594 7,600 7,006 7,612 7,618 7,624 7,630 7.636 7,642 9,644 9,655 9.666 9.677 9.688 9,699 9,719 9,721 9.732 9,743 10.461 10.492 10,503 10,514 10,525 69,800 69,850 69,900 69,950 70,000 11,141 11,152 11.163 11.174 11,185 7,978 7,084 7,990 7,996 8.002 72 72 72 72 67,000 70,000 2020 Federal Income Tax Information 2020 Federal Tax Rate Schedules Schedule X-Single If taxable income is over: But not over: $0 $9,875 $9.875 $ 40,125 $ 40,125 $ 85,525 $ 85,525 $ 163,300 $ 163,300 $ 207,350 $ 207,350 $ 518,400 $ 518,400 The tax is: 10% of taxable income $987.50 plus 12% of the excess over $9.875 $4,617.50 plus 22% of the excess over $40,125 $14.605.50 plus 24% of the excess over $85,525 $33,271.50 plus 32% of the excess over $163,300 $47.367.50 plus 35% of the excess over $207,350 $156,235.00 plus 37% of the excess over $518,400 1 Schedule Y-1-Married Filing Jointly or Qualifying Widow(er) If taxable income is over: But not over: The tax is: $0 $ 19,750 10% of taxable income $ 19.750 $ 80.250 $1,975.00 plus 12% of the excess over $19.750 $ 80,250 $ 171.050 $9.235.00 plus 22% of the excess over $80,250 $ 171.050 $ 326,600 $29.211.00 plus 24% of the excess over $171,050 $326,600 $ 414.700 $66,543.00 plus 32% of the excess over $326,600 $ 414,700 $622,050 $94,735.00 plus 35% of the excess over $414,700 $622,050 $167,307.50 plus 37% of the excess over $622,050 Schedule Y-2-Married Filing Separately If taxable income is over! $0 $ 9.875 $ 40,125 $ 85.525 $ 163,300 $207350 $ 311.025 But not over: $9.875 $ 40,125 $ 85,525 $ 163,300 $ 207,350 $311025 The tax is: 10% of taxable income $987.50 plus 12% of the excess over $9.875 $4,617.50 plus 22% of the excess over $40,125 $14.605.50 plus 24% of the excess over $85.525 $33,271.50 plus 32% of the excess over $163,300 $47.367 50 plus 35% of the excess over $207,350 $83,653.75 plus 37% of the excess over $311.025 Schedule Z-Head of Household Schedule Z-Head of Household $0 If taxable income is over: But not over: $ 14,100 $ 14,100 $ 53,700 $ 53,700 $ 85.500 $ 85,500 $ 163,300 $ 163,300 $ 207350 $ 207 350 $ 518 400 $518,400 The tax is: 10% of taxable income $1.410.00 plus 12% of the excess over $14.100 $6.162.00 plus 22% of the excess over $53.700 $13,158,00 plus 24% of the excess over $85.500 $31.830.00) plus 32% of the excess over $163.300 $45.926.00 plus 35% of the excess over $207,350 $154.793.50 plus 37% of the excess over $518.400 MacBook Pro

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