Chapter $2$ Homework

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Determine the tax liability for tax year $2023$ in each of the following instances. In each case, assume the taxpayer can take only the standard deduction.

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Use the Tax Tables for taxpayers with taxable income under $$100,000$ and the Tax Rate Schedules for those with taxable income above $$100,000.$

Required:

a$.$ A single taxpayer, not head of household, with AGI of $$23,493$ and one dependent.

b$.$ A single taxpayer, not head of household, with AGI of $$169,783$ and no dependents.

Note: Round your intermediate calculations to $2$ decimal places and final answer to the nearest dollar amount.

c$.$ A married couple filing jointly with AGI of $$39,945$ and two dependents.

d$.$ A married couple filing jointly with AGI of $$162,288$ and three dependents.

Note: Round your intermediate calculations to $2$ decimal places and final answer to the nearest dollar amount.

e$.$ A married couple filing jointly with AGI of $$301,947$ and one dependent.

Note: Round your intermediate calculations to $2$ decimal places and final answer to the nearest dollar amount.

f$.$ A taxpayer filing married filing separately with AGI of $$68,996$ and one dependent.

g$.$ A qualifying widow, age $66,$ with AGI of $$49,240$ and one dependent.

h$.$ A head of household with AGI of $$14,392$ and two dependents.

i$.$ A head of household with AGI of $$59,226$ and one dependent.

Note: For all requirements, leave no cells blank. Enter $"0"$ wherever required.

$\backslash$table$[[,$Tax liability$],[$a$.,],[$b$.,],[$c$.,],[$d$.,],[$e$.,],[$f$.,],[$g$.,],[$h$.,],[$i$.,]]$