AEZ AC 371 Chapter 4 Homework Agent ***Show l work to get credit Meniurandi peringations from the individual income tax formula on the Homework Calculatione' tab in this belle, using the upload link provided with the med demendude your name your timber, and your WiDi the top of the Homework Coutations in this Beceli Sencor Shementering statt 2021 dicitly, Kourtney will have two starstw $60,000 and $17,000, respectively, Kourtney works the forthew chand he works as a tutor on the words Scottis sole proprietor who own ness Hempects to earn $10,000 in 2021 from his dietathers and business incoma, Scott Kourtney expect to receiver et income in the amount of $215 from state local bonded by the City of back and they pesto receive 110 interest income from a local bank, Scott Kort Midthat they will pay $5,000 inexpenses that are deductible for AGE Keywne, both of whom weunde od Kourtney will be lowed to dum $3,600 credit Scott and Kourtney anticipate that they will $11. Mes that will quisiem deduction, and this wantindudes charitable contributions of $1,000. They plan to have total of 59,100 in federal income taxes with from Kenchacka during the course of the year, and Scott does not plan to make any estimated tax payments. Scott projects that he will be eligible for a qualified business income in the montoft.000 for 2021. With the standard detection for married lingiointly payers in 2021 $25,100. Using the individual income tax formula, calculate the amount 30 ideal income other und to be received for the 2021 tax yew. 11 14 15 16 57 assignment posted on Blackboard. Please include your name, your Facts: Scott and Kourtney Smith are married, and their filing status for 2021 is married filing. teacher for the Lubbock School District, and she also works as a tutor on the weekends business activities. In addition to their salaries and business income, Scott and Kourtr Lubbock, and they expect to receive $110 of interest income from a savings account at Scott and Kourtney have two children, both of whom are under age 6. Scott and Kour pay $17,500 of expenditures that will qualify as itemized deductions, and this amount withheld from Kourtney's paychecks during the course of the year, and Scott does not deduction in the amount of $6,000 for 2021. Recall that the standard deduction for LO of federal income tax due or the refund to be received for the 2021 tax year. 11 12 13 14 15 16 AC 371 Chapter 4 Homework Assignment "Show all work to get credit *** From the individual income tax formula on the 'Homework Calculations' tab in this Excel file, using the upload link provided with the clude your name, your section number, and your CWID at the top of the 'Homework Calculations' tab in this Excel file. 2021 is married filing jointly, Kourtney will have two salaries this year, of $60,000 and $17,000, respectively. Kourtney works as a utor on the weekends. Scott is a sole proprietor who owns his own landscaping business. He expects to earn $30,000 in 2021 from his ome, Scott and Kourtney expect to receive interest income in the amount of $215 from state and local bonds issued by the City of na savings account at a local bank. Scott and Kourtney anticipate that they will pay $5,000 in expenses that are deductible for AGI. 3e6. Scott and Kourtney will be allowed to claim a $3,600 child tax credit for each child. Scott and Kourtney anticipate that they will eons, and this amount includes charitable contributions of $1,000. They plan to have a total of $9,100 in federal income taxes and Scott does not plan to make any estimated tax payments. Scott projects that he will be eligible for a qualified business income ad deduction for married filing jointly taxpayers in 2021 is $25,100. Using the individual income tax formula, calculate the amount tax year. AEZ AC 371 Chapter 4 Homework Agent ***Show l work to get credit Meniurandi peringations from the individual income tax formula on the Homework Calculatione' tab in this belle, using the upload link provided with the med demendude your name your timber, and your WiDi the top of the Homework Coutations in this Beceli Sencor Shementering statt 2021 dicitly, Kourtney will have two starstw $60,000 and $17,000, respectively, Kourtney works the forthew chand he works as a tutor on the words Scottis sole proprietor who own ness Hempects to earn $10,000 in 2021 from his dietathers and business incoma, Scott Kourtney expect to receiver et income in the amount of $215 from state local bonded by the City of back and they pesto receive 110 interest income from a local bank, Scott Kort Midthat they will pay $5,000 inexpenses that are deductible for AGE Keywne, both of whom weunde od Kourtney will be lowed to dum $3,600 credit Scott and Kourtney anticipate that they will $11. Mes that will quisiem deduction, and this wantindudes charitable contributions of $1,000. They plan to have total of 59,100 in federal income taxes with from Kenchacka during the course of the year, and Scott does not plan to make any estimated tax payments. Scott projects that he will be eligible for a qualified business income in the montoft.000 for 2021. With the standard detection for married lingiointly payers in 2021 $25,100. Using the individual income tax formula, calculate the amount 30 ideal income other und to be received for the 2021 tax yew. 11 14 15 16 57 assignment posted on Blackboard. Please include your name, your Facts: Scott and Kourtney Smith are married, and their filing status for 2021 is married filing. teacher for the Lubbock School District, and she also works as a tutor on the weekends business activities. In addition to their salaries and business income, Scott and Kourtr Lubbock, and they expect to receive $110 of interest income from a savings account at Scott and Kourtney have two children, both of whom are under age 6. Scott and Kour pay $17,500 of expenditures that will qualify as itemized deductions, and this amount withheld from Kourtney's paychecks during the course of the year, and Scott does not deduction in the amount of $6,000 for 2021. Recall that the standard deduction for LO of federal income tax due or the refund to be received for the 2021 tax year. 11 12 13 14 15 16 AC 371 Chapter 4 Homework Assignment "Show all work to get credit *** From the individual income tax formula on the 'Homework Calculations' tab in this Excel file, using the upload link provided with the clude your name, your section number, and your CWID at the top of the 'Homework Calculations' tab in this Excel file. 2021 is married filing jointly, Kourtney will have two salaries this year, of $60,000 and $17,000, respectively. Kourtney works as a utor on the weekends. Scott is a sole proprietor who owns his own landscaping business. He expects to earn $30,000 in 2021 from his ome, Scott and Kourtney expect to receive interest income in the amount of $215 from state and local bonds issued by the City of na savings account at a local bank. Scott and Kourtney anticipate that they will pay $5,000 in expenses that are deductible for AGI. 3e6. Scott and Kourtney will be allowed to claim a $3,600 child tax credit for each child. Scott and Kourtney anticipate that they will eons, and this amount includes charitable contributions of $1,000. They plan to have a total of $9,100 in federal income taxes and Scott does not plan to make any estimated tax payments. Scott projects that he will be eligible for a qualified business income ad deduction for married filing jointly taxpayers in 2021 is $25,100. Using the individual income tax formula, calculate the amount tax year