Question
Assume that Maria Gonzalez was 36 years old when she filed her 2022 tax return. She has 2 kids ages 5 & 12 years old
Assume that Maria Gonzalez was 36 years old when she filed her 2022 tax return. She has 2 kids ages 5 & 12 years old who she claimed as dependents on her tax return. Also, her W2 wages were $60,000, $5,000 was received from unemployment income and her federal withholdings were $5,200. She also donated $10,500 to her needy friends and gave $12,000 to her church as tithes. Also, her sales tax was $569.
Assume that her tax from the IRS tax table was $5.182.
Based on the following facts above, What is Maria’s
Filing Status
Total Income
Adjusted Gross Income (AGI)
Standard Deduction
Total Itemized Deduction
Taxable Income
Child Tax Credit (CTC)
Tax Refund
Tax owed, if any
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
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