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Charlotte ( age 4 0 ) is a surviving spouse and provides all of the support of her four minor children ( ages 4 ,
Charlotte age is a surviving spouse and provides all of the support of her four minor children ages and who live with her.
She also maintains the household in which her parents live and furnished of their support. Charlotte's father earned $ from a
parttime job and received $ of municipal bond interest. Charlotte has a salary of $ a shortterm capital loss of $ a cash
prize of $ from a church raffle, and itemized deductions of $
Click here to access the Components of the tax formula to use, if required. If an amount is zero, enter $
a Compute Charlotte's taxable income.
$
b Using the Tax Rate Schedules click here tax liability before any allowable credits for Charlotte is $
c Compute Charlotte's child and dependent tax credit.
Charlotte's child tax credit is $
of which $
may be refundable and her dependent tax credit is $
of which $
may be refundable.
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