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Deductions from Adjusted Gross income, Calculating Tax Liability (LO. 3,5) Hongtao is single and has a gross income of $89,000. His allowable deductions for adjusted

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Deductions from Adjusted Gross income, Calculating Tax Liability (LO. 3,5) Hongtao is single and has a gross income of $89,000. His allowable deductions for adjusted gross income are $4,200, and his itemized deductions are $19.000. The standard deduction for 2019 is $12,200, Round all amounts to the nearest dollar. Refer to the Tax Rate Schedules to answer the following questions. .. Hangtao's taxable income is 65,800 and his tax liability is $10,334 x for 2019, To My Alter determining the taxpayer's taxable income, the tax is computed using the appropriate rate for the taxpayer's filing status b. If Hongtao has $12,000 withheld from his salary during 2019 then Hongtao has a refund of 1,666 x Cry Wor Partially correct c. Assume the same facts as in part a and part b, except that Hongtao is married. His wife's salary is $30,000, and she has $2,000 withheld from her paycheck. They nie jointly. The standard deduction for 2019 is $24,400. Their taxable income is $ 90,400 and their tax liability is $ 11,605 for 2019. They will recelve a refund of 2,395

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