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Chris, who files single, has an Adjusted Gross Income (AGI) of $100,000. Compute the following, assuming her itemized deductions total $5,000. Round your gross tax
Chris, who files single, has an Adjusted Gross Income (AGI) of $100,000. Compute the following, assuming her itemized deductions total $5,000. Round your gross tax liability to the nearest dollar.
If filing for the 2017 tax year:
AGI | $100,000 |
Less: larger of itemized or standard deduction | - |
Less: Personal exemption | - |
Taxable Income | |
Gross Tax Liabiliy |
If filing for the 2018 tax year:
AGI | $100,000 |
Less: larger of itemized or standard deduction | - |
Less: Personal exemption | - |
Taxable Income |
|
Gross Tax Liabiliy |
|
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