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Emily hill is 24 years old and single, lives in an apartment, and has no dependents. last year she earned $55,000 as a sales assistant
Emily hill is 24 years old and single, lives in an apartment, and has no dependents. last year she earned $55,000 as a sales assistant for Business solutions: $3,910 of her wages was withheld for federal income taxes. In addition, she had interest income of $142. Estimate her taxable income, tax liability, and tax refund or tax owed using the standard deduction.What can she do to reduce her taxes?
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