Question
Determine the tax liability for tax year 2022 in each of the following instances. In each case, assume the taxpayer can take only the standard
Determine the tax liability for tax year 2022 in each of the following instances. In each case, assume the taxpayer can take only the standard deduction.
Use theTax Tablesfor taxpayers with taxable income under $100,000 and theTax Rate Schedulesfor those with taxable income above $100,000.
Required:
- A single taxpayer, not head of household, with AGI of $25,293 and one dependent.
- A single taxpayer, not head of household, with AGI of $196,819 and no dependents.
Note: Round your intermediate computations to 2 decimal places and final answer to the nearest dollar amount.
- A married couple filing jointly with AGI of $41,745 and two dependents.
- A married couple filing jointly with AGI of $164,088 and three dependents.
Note: Round your intermediate computations to 2 decimal places and final answer to the nearest dollar amount.
- A married couple filing jointly with AGI of $318,489 and one dependent.
Note: Round your intermediate computations to 2 decimal places and final answer to the nearest dollar amount.
- A taxpayer filing married filing separately with AGI of $70,796 and one dependent.
- A qualifying widow, age 66, with AGI of $51,040 and one dependent.
- A head of household with AGI of $17,830 and two dependents.
- A head of household with AGI of $61,026 and one dependent.
Note: For all requirements, leave no cells blank. Enter "0" wherever required.
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