1. Calculate the taxes due based on the following information using post 2017 rules ($12,200 standard deduction and no personal exemption):
   1. Joan Smith, who is single
   2. Joan made $19,000 in salary and earned interest of $155
   3. Joan has $825 in federal tax withheld
   4. Joan also has $2,000 in student loan interest to deduct
   5. Use the following tax table:
   6. 

You must show all calculations to get credit.

Use the following formula: Income - Adjustments - Standard Deduction = Taxable Income. Then calculate tax. Calculated tax less tax withheld = Refund or Tax Due

Use the following formula: Income - Adjustments - Standard Deduction = Taxable Income. Then calculate tax. Calculated tax less tax withheld = Refund or Tax Due

Individual Taxpayers If Taxable Income Is Between: The Tax Due is: 0 - $9,525 10% of taxable income $9,526 - $38,700 $38,701 - $82,500 $82,501 - $157,500 $157,501 - $200,000 $952.50 + 12% of the amount over $9,525 $4,453.50 + 22% of the amount over $38,700 $14,089.50 + 24% of the amount over $82,500 $32,089.50 + 32% of the amount over $157,500 $45,689.50 + 35% of the amount over $200,000 $150,689.50 + 37% of the amount over $500,000 $200,001 - $500,000 $500,001 +