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Harold, age 28, is a single taxpayer. In 2020, he reports gross income of $46,000, deductions for AGI of $3,000, and itemized deductions of $10,000.
Harold, age 28, is a single taxpayer. In 2020, he reports gross income of $46,000, deductions for AGI of $3,000, and itemized deductions of $10,000. Using the tax rate schedule for 2020, what is the amount of Harold's federal income tax liability? (Round your answer, if needed).
| $2,487 | ||
| $3,475 | ||
| $2,775 | ||
| None of these answers. | ||
| $3,763 |
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