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Please use the 2020 Tax Tables and Tax Rate Schedules Determine the amount of tax liability in each of the following instances: Use the appropriate
Please use the 2020 Tax Tables and Tax Rate Schedules
Determine the amount of tax liability in each of the following instances: Use the appropriate Tax Tables and Tax Rate Schedules. a. A married couple filing jointly with taxable income of $33,585. b. A married couple filing jointly with taxable income of $205,775. c. A married couple filing separately, one spouse with taxable income of $44,479 and the other with $56,821. d. A single person with taxable income of $80,030. e. A single person with taxable income of $317,953. f. A head of household with taxable income of $97,186. g. A qualifying widow with taxable income of $14,622. h. A married couple filing jointly with taxable income of $11,819. (For all requirements, 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.)Step by Step Solution
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