Question
Harold, age 28, is a single taxpayer. In 2021, 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 2021, 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 2021, what is the amount of Harold's federal income tax liability? (Round your answer, if needed).
| None of these answers. | ||
| $3,761 | ||
| $2,460 | ||
| $2,766 | ||
| $3,455 |
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Financial and Managerial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
12th edition
978-1133952428, 1285078578, 1133952429, 978-1285078571
