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Comprehensive Example Ch 4 pt 1 - Online Class Salary $ 70,000.00 Corporate Bonds $ 10,000.00 Muni Bonds $ 5,000.00 For AGI Deductions $ 7,000.00
Comprehensive Example Ch 4 pt 1 - Online Class | ||||
Salary | $ 70,000.00 | |||
Corporate Bonds | $ 10,000.00 | |||
Muni Bonds | $ 5,000.00 | |||
For AGI Deductions | $ 7,000.00 | |||
Itemized Deductions | $ 10,000.00 | |||
Filing Status | single | |||
Withholding | $ 5,000.00 | |||
Non-Refundable Credits | $ 2,000.00 | |||
Calculate the below items | ||||
Calculate: | 2017 tax year | 2018 tax year | ||
Gross Income | ||||
Adjusted Gross Income | ||||
Taxable Income | ||||
Income Tax Liability | ||||
Tax Due/ (Refund) |
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