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Determine the tax liability for tax year 2021 in each of the following instances. In each case, assume the taxpayer can take only the standard
Determine the tax liability for tax year 2021 in each of the following instances. In each case, assume the taxpayer can take only the standard deduction. Use the appropriate Tax Tables and Tax Rate Schedules. a. A single taxpayer, not head of household, with AGI of $24,093 and one dependent. b. A single taxpayer, not head of household, with AGI of $178,795 and no dependents. Note: Round your intermediate computations to 2 decimal places and final answer to the nearest dollar amount. c. A married couple filing jointly with AGI of $40,545 and two dependents. d. A married couple filing jointly with AGI of $162,888 and three dependents. Note: Round your intermediate computations to 2 decimal places and final answer to the nearest dollar amount. e. A married couple filing jointly with AGI of $307,461 and one dependent. Note: Round your intermediate computations to 2 decimal places and final answer to the nearest dollar amount. f. A taxpayer filing married filing separately with AGI of $69,596 and one dependent. g. A qualifying widow, age 66, with AGI of $49,840 and one dependent h. A head of household with AGI of $15,538 and two dependents. i. A head of household with AGI of $59,826 and one dependent. Note: For all requirements, use the Tax Tables for taxpayers with taxable income under $100,000 and the Tax Rate Schedules for those with taxable income above $100,000. Tax liability a. b. c. d. e. f. g. h. Determine the tax liability for tax year 2021 in each of the following instances. In each case, assume the taxpayer can take only the standard deduction. Use the appropriate Tax Tables and Tax Rate Schedules. a. A single taxpayer, not head of household, with AGI of $24,093 and one dependent. b. A single taxpayer, not head of household, with AGI of $178,795 and no dependents. Note: Round your intermediate computations to 2 decimal places and final answer to the nearest dollar amount. c. A married couple filing jointly with AGI of $40,545 and two dependents. d. A married couple filing jointly with AGI of $162,888 and three dependents. Note: Round your intermediate computations to 2 decimal places and final answer to the nearest dollar amount. e. A married couple filing jointly with AGI of $307,461 and one dependent. Note: Round your intermediate computations to 2 decimal places and final answer to the nearest dollar amount. f. A taxpayer filing married filing separately with AGI of $69,596 and one dependent. g. A qualifying widow, age 66, with AGI of $49,840 and one dependent h. A head of household with AGI of $15,538 and two dependents. i. A head of household with AGI of $59,826 and one dependent. Note: For all requirements, use the Tax Tables for taxpayers with taxable income under $100,000 and the Tax Rate Schedules for those with taxable income above $100,000. Tax liability a. b. c. d. e. f. g. h
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