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i am having trouble finding the answer for c & e. i have tried adding jn the dividend to the taxable income and i have
i am having trouble finding the answer for c & e. i have tried adding jn the dividend to the taxable income and i have tried withholding the dividend from the withholding. i am not sure what i am doing wrong
Determine the amount of tax llability in the following situations. In all cases, the taxpayer is using the filing status of married filing fointly. Use the Tax Tables for taxpayers with taxable income under $100,000 and the Tax Rate Schedules for those with taxable income above $100,000. Required: Q. Taxable income of $62,449 that includes a qualified dividend of $560. b. Taxable income of $12,932 that includes a qualified dividend of $322. c. Taxable income of $144,290 that includes a qualified dividend of $4,384. Note: Round your intermedlate calculations to 2 decimal places and final answer to the nearest whole dollar amount. d. Taxable income of $43,297 that includes a qualified dividend of $971. e. Taxable income of $262,403 that includes a qualified dividend of $12,396. Note: Round your intermedlate calculations to 2 decimal places and final answer to the nearest whole dollor amount Step by Step Solution
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