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help For the following situations, calculate the FICA taxes and income taxes to obtain a total tax bill. {Use the tax rates in Table 4.9
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For the following situations, calculate the FICA taxes and income taxes to obtain a total tax bill. \{Use the tax rates in Table 4.9 on page 257 of your textbook to calculate the marginal taxes\} (2 pts. each) a) Vanessa is single and had a taxable income of $47,500. She owes $ total taxes. b) Pat is head of household with a taxable income of $92,300. She is entitled to a $1000 tax credit. Pat owes $ taxes. c) Sarah and Marco are married filing jointly with an income from wages of $87,500 with $4450 from interest. They owe $ in taxes. For the following situations, calculate the FICA taxes and income taxes to obtain a total tax bill. \{Use the tax rates in Table 4.9 on page 257 of your textbook to calculate the marginal taxes\} (2 pts. each) a) Vanessa is single and had a taxable income of $47,500. She owes $ total taxes. b) Pat is head of household with a taxable income of $92,300. She is entitled to a $1000 tax credit. Pat owes $ taxes. c) Sarah and Marco are married filing jointly with an income from wages of $87,500 with $4450 from interest. They owe $ in taxes Step by Step Solution
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