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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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