Question
Please Compute Adjusted Gross income and Federal tax liability. Married Filing Jointly 2 children Salary $299,750.00 Interest income $230.00 Municiple Bond interest $450.00 Treasure bond
Please Compute Adjusted Gross income and Federal tax liability.
Married Filing Jointly
2 children
| Salary | $299,750.00 | |
| Interest income | $230.00 | |
| Municiple Bond interest | $450.00 | |
| Treasure bond Interest | $675.00 | |
| Dividends | $1,885.00 | |
| Short-Term Capital Gain (SBUX STOCK) | $0.00 | |
| Short-Term Capital Gain (AMZN STOCK) | -$4,350.00 | |
| Short-Term Capital Gain (UA Stock) | $26.45 | |
| Long-term Capital Gain (AAPL STOCK) | $3,000.00 | |
| Daycare cost for child #1 | $10,000.00 | |
| Dentist fees (unreimbursed by insurance) | $10,500.00 | |
| Prescription cost(reimbursed by insurance) | $1,380.00 | |
| Mortgage Interest | $13,478.00 | |
| Property Taxes Paid | $4,144.00 | |
| Vehicle registration fee | $1,250.00 | |
| Fee faid to CPA | $2,000.00 | |
| Gym Membership from employer | $600.00 | |
| 401K contributions | $23,980.00 | |
| Employer match | $17,985.00 | |
| Healthcare savings account contribution | $2,600.00 | |
| Red Cross Donation | $1,000.00 | |
| Food bank Donation | $2,500.00 | |
| Church donation | $3,750.00 | |
| Goodwill donation | $450.00 |
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Introduction To Financial Technology
Authors: Roy S. Freedman
1st Edition
0123704782, 9780123704788
