Question
Calculate the total 2020 tax liability for a surviving spouse with one dependent child with a gross income of $65 comma 500.00 , assuming that
Calculate the total
2020
tax liability for a surviving spouse with one dependent child with a gross income of
$65 comma 500.00
,
assuming that the taxpayer takes the standard deduction. If the dependent child is under the age of 17 and
$3 comma 000.00
was withheld from the taxpayer's wages for federal income taxes, what is the amount of the taxpayer's refund or tax due?
Question content area bottom
Part 1
Assuming the single parent taxpayer's filing status is Married Filing Jointly or Surviving Spouse, the taxpayer's standard deduction for the
2020
tax year is
$enter your response here
.
(Enter the amount to the nearest cent.) Click the following link for a standard deduction table:
LOADING...
.
Part 2
The taxpayer's taxable income for the
2020
tax year is
$enter your response here
.
(Round to the nearest cent.)
Part 3
The taxpayer's child tax credit amount for the
2020
tax year is
$enter your response here
.
(Round to the nearest cent.)
Part 4
The taxpayer's total income tax due for the
2020
tax year is
$enter your response here
.
(Round to the nearest cent.) Click the following link for the tax rates and brackets table:
LOADING...
.
Part 5
The amount of the taxpayer's tax
due OR
refund
for the
2020
tax year is
$enter your response here
.
(Select from drop-down menu and round to the nearest cent.)
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