Pauline $is$ a single mother working $as$ a consultant $inanIT$ company. She must file the $2021$ tax return,

for which, the following information $is$ available:

$-$ Due $to$ her professionalism and ability $to$ deliver results, she has managed $to$ earn $an$ income

from her job $in$ the amount $of$ $$95\mathrm{.}000$ including bonuses.

$-As$ the job requires some traveling, she was provided a really comfortable company car that

could $be$ estimated $at$ $$40\mathrm{.}000or$ $$8\mathrm{.}000$ per year.

$-$ Since a friend $of$ hers needed $to$ build a website for his furniture shop, she built one for him $in$

exchange for a state $of$ the art sofa $of$ around $$4\mathrm{.}500in$ value, which she $is$ unsure $if$ she should

recognize $as$ revenue, $as$ expense $or$ none $of$ them.

$-$ She owns a bunch $of$ municipal bonds hence received a total coupon $of$ $$350.$

$-$ Also, her investment $in$ another start$-up$ distributed for the first time a dividend $of$ $$1\mathrm{.}000$ and

Dividend $in$ Stock $of$ $$4\mathrm{.}000.$ None $of$ them were taxed $in$ the source according $to$ local law.

$-On$ the other hand, she paid a total Mortgage $of$ $$12\mathrm{.}000$ this year, $of$ which $$4\mathrm{.}000$ were

interest expense. The ceiling for the deduction $of$ these expenses $is3\%of$ AGI $in$ her country.

$-$ She also $is$ a regular donator $inan$ International Charity Organization that $is$ recognized $by$ the

government where this year she donated $$6\mathrm{.}000$

$-$ Finally, her husband paid $at$ year end the obligatory alimony payments $as$ per divorce

settlement, summing $to$ $$6\mathrm{.}000.$

Please answer the following questions $in$ a clear, short and concise manner:

$1.$ What tax bracket does Pauline belong $to(Tax$ brackets and categories below$)?$

$2.$ Take the voices above $in$ detail and briefly explain their treatment.

$3.$ What $is$ the Annual Gross Income $of$ Pauline and why did you include the voices?

$4.$ What $is$ the Taxable Income $of$ Pauline and why?

$5.$ What $is$ the yearly tax due $(show$ calculations$)?$

Married Filing Seperately

$0-$ $$13\mathrm{.}0000\%$

$$13\mathrm{.}000-$ $$40\mathrm{.}00014\%$

$$40\mathrm{.}000-$ $$75\mathrm{.}00022\%$

Over $$75\mathrm{.}00035\%$

Single

$0-$ $$10\mathrm{.}0000\%$

$$10\mathrm{.}000-$ $$35\mathrm{.}00015\%$

$$35\mathrm{.}000-$ $$60\mathrm{.}00025\%$

Over $$60\mathrm{.}00035\%$

Single with chil$\frac{d}{d}$ependant

$0-$ $$15\mathrm{.}0000\%$

$$15\mathrm{.}000-$ $$45\mathrm{.}00015\%$

$$45\mathrm{.}000-$ $$90\mathrm{.}00020\%$

Over $$90\mathrm{.}00030$