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please help me to solve part a and b. using 2022 tax rates. i'm attaching tax rates images too. thanks In 2022. Carson is claimed
please help me to solve part a and b. using 2022 tax rates. i'm attaching tax rates images too.
In 2022. Carson is claimed as a dependent on his parents' tax return. His parents report taxable income of $200.000 (married filing jointly). Carson's parents provided most of his support. What is Carson's tax liability for the year in each of the following altemative circumstances? Use Tax Rate Schedule. Dividends and Capital Gains Tax Rates for reference. Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Required: a. Carson is 17 years old at year-end and earned $15,200 from his summer job and part-time job after school. This was his only source of income. b. Carson is 23 years old at year-end. He is a full-time student and earned $15,200 from his summer internship and part-time job. He: also received $6,020 of qualified dividend income. Complete this question by entering your answers in the tabs below. Carson is 17 years old at year-end and earned $15,200 from his summer job and part-time job after school. This was his only soutce of income. In 2022. Carson is claimed as a dependent on his parents' tax return. His parents report taxable income of $200,000 (married fiiling jointly). Carson's parents provided most of his support. What is Carson's tax liability for the year in each of the following alternative circumstances? Use Tax Rate Schedule. Dividends and Capital Gains Tax Rates for reference. Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Required: a. Carson is 17 years old at year-end and earned $15,200 from his summer job and part-time job after school. This was his only source of income. b. Carson is 23 years old at year-end. He is a full-time student and earned $15,200 from his summer internship and part-time job. He also received $6,020 of qualified dividend income. Complete this question by entering your answers in the tabs below. Carson is 23 years old at year-end. He is a full-time student and eamed $15,200 from his summer internship and part-time job. He also received $6,020 of qualified dividend income. 2022 Tax Rate Schedules Individuals Schedule Y-1-Married Filing dointlv or Oualifvine Widow(er) wir. Tax Mates for Net Capital Ciains and Qualificed Dividends TAlf rate nuriwies) thanks
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