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Problem 1-6 he Tax Formula for Individuals, Filing Status and Tax Computation, The Standard Deduction (LO 1.3, 1.5, 1.8) Marco and Tatiana are married and
Problem 1-6 he Tax Formula for Individuals, Filing Status and Tax Computation, The Standard Deduction (LO 1.3, 1.5, 1.8)
Marco and Tatiana are married and file separate returns for 2021. Tatiana itemizes her deductions on her return. Marco's adjusted gross income was $18,000, his itemized deductions were $2,400. Neither have any dependents.
Table for the standard deduction
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Click here to access the tax tables.
Calculate Marco's income tax liability assuming the couple does not live in a community property state
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