Question
Mr. RG, an unmarried individual, had the following income items. Salary $ 512,100 Interest income 19,700 Dividend eligible for 20% rate 31,000 He had $34,000
Mr. RG, an unmarried individual, had the following income items. |
Salary | $ | 512,100 | |
Interest income | 19,700 | ||
Dividend eligible for 20% rate | 31,000 | ||
He had $34,000 itemized deductions (none of which were medical expense, investment interest expense, or casualty, theft, or gambling loss) and four dependent children (ages 5 through 15) plus two dependent parents who live in his home. Compute Mr. RGs income tax. Individual Tax Rate: http://ezto-demo-cf-media.mheducation.com/Media/Demo/bne/accounting/jones_19e/Individual%20tax%20rate.png Standard Deduction Table: http://ezto-demo-cf-media.mheducation.com/Media/Demo/bne/accounting/jones_19e/standard%20deduction%20table.png |
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