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Mr. Rogers, an unmarried individual, had the following income items: Salary Interest income Dividend eligible for 20% rate $ 516,100 22,100 39,000 Mr. Rogers had
Mr. Rogers, an unmarried individual, had the following income items: Salary Interest income Dividend eligible for 20% rate $ 516,100 22,100 39,000 Mr. Rogers had $34,800 itemized deductions and four dependent children (ages 5 through 15). Required: Compute his income tax (before credits). Assume the taxable year is 2020. Use Individual Tax Rate Schedules and Standard Deduction Table. (Round your intermediate calculations and final answers to the nearest whole dollar amount.) Amount AGI Taxable income Income tax
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