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Please show all work if possible I am having a hard time 2023 Federal Income Tax Information 2023 Federal Tax Rate Schedules Chapter 3 Homework

Please show all work if possible I am having a hard time
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2023 Federal Income Tax Information 2023 Federal Tax Rate Schedules Chapter 3 Homework O S15,700 S59,S50 S95,350 S95,350 Help Seve & Exit Submit Check my work Schedule X-Single 2 polnts Skipped e Sook print References Determine the amount of tax liability in the following situations. In all cases, the taxpayer is using the filing status of married filing jointly. Use the Tax Tables for taxpayers with taxable income under $100,000 and the Tax Rate Schedules for those with taxable income above $100,000 Required: a. Taxable income of $63,549 that includes a qualified dividend of S995_ b. Taxable income of $13,772 that includes a qualified dividend of S361 c. Taxable income of $147,100 that includes a qualified dividend of $4,385. Note: Round your intermediate calculations to 2 decimal places and final answer to the nearest whole dollar amount. d. Taxable income of $44,447 that includes a qualified dividend of $1,204. e. Taxable income of $294,909 that includes a qualified dividend of $17,865. Note: Round your intermediate calculations to 2 decimal places and final answer to the nearest whole dollar amount. Tax liability d. If taxable mcome IS over: so Sli,ooo $44,725 S95,375 s182,100 S231,250 578,125 But not over: Sli,ooo S44,725 S95,375 SIS2,100 S231,250 578,125 The tax is: 100 0 of taxable income $1,100 plus 12% of the excess over SII,OOO $5,147 plus 22% of the excess over $44,725 $16,290 plus 24% of the excess over S95,375 $37, 104 plus 32% of the excess over S 182,100 $52,832 plus 35% of the excess over S231,250 74,238.25 plus of the excess over s57s,125 Schedule Y-I -Married Filing Jointly or Qualifying Widow(er) If taxable mcome IS over: so S22,ooo SS9,450 S190,750 S364,200 S462,500 S693,750 But not over: S22,ooo ss9,450 S190,750 SS 64,200 S462,500 S693,750 The tax is: 100 0 of taxable income $2,200 plus 12% of the excess over $22,000 $10,294 plus 22% of the excess over SS9,450 $32,580 plus 24% of the excess over S 190,750 $74,208 plus 32% of the excess over S364,200 $105,664 plus 35% of the excess over S462,500 $186,601.5 plus 370 of the excess over S693,750 Schedule Y-2-Married Filing Separately If taxable mcome IS over: so Sli,ooo $44,725 S95,375 s182,100 S231,250 S346,S75 But not over: Sli,ooo S44,725 S95,375 SIS2,100 S231,250 S346,S75 Schedule Z-Head of Household If taxable mcome IS over: so S15,700 59,850 sis2,100 S231,250 S578, 100 But not over: SIS2,100 S231,250 578,100 The tax is: 100 0 of taxable income $1,100 plus 12% of the excess over SII,OOO $5,147 plus 22% of the excess over $44,725 $16,290 plus 24% of the excess over S95,375 $37, 104 plus 32% of the excess over S 182,100 S52,S32 plus 35% of the excess over S231,250 $93,300.75 plus 370 0 of the excess over S346,S75 The tax is: 100 0 of taxable income $1,570 plus 12% of the excess over S15,700 S6,S6S plus 22% of the excess over S59,S50 $14,678 plus 24% of the excess over S95,350 $35,498 plus 3200 of the excess over S 182,100 $51,226 plus 350 0 of the excess over S231,250 Sl 72,623.5 plus 3700 of the excess over S57S,lOO

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