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Keisha earned $69,600 in wages from her job and $2,450 from rental income. She can claim a standard deduction of $1,150 and two exemptions totaling
Keisha earned $69,600 in wages from her job and $2,450 from rental income. She can claim a standard deduction of $1,150 and two exemptions totaling $13,400. Additionally, she can claim $100 in tax credits. What is Keisha's taxable income? Don't forget the tax credits and refer to the table below. tax bracket tax rate $0 - $5,000 5% $5,000 - $15,000 13% $15,000 - $27,000 17% above $27,000 34%
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