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Mr. Rogers, an unmarried individual, had the following income items: Salary $ 512,600 Interest income 20,000 Dividend eligible for 20% rate 32,000 Mr. Rogers had
Mr. Rogers, an unmarried individual, had the following income items: Salary $ 512,600 Interest income 20,000 Dividend eligible for 20% rate 32,000 Mr. Rogers had $34,100 itemized deductions and four dependent children (ages 5 through 15). Required: Compute his income tax (before credits). Assume the taxable year is 2021. Use Individual Tax Rate Schedules and Standard Deduction Table. (Round your intermediate calculations and final answers to the nearest whole dollar amount.)
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