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Problem 1-6 The Tax Formula for Individuals, Filing Status and Tax Computation (LO 1.3, 1.5, 1.7) Ulysses and Penelope are married and file separate returns

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Problem 1-6 The Tax Formula for Individuals, Filing Status and Tax Computation (LO 1.3, 1.5, 1.7) Ulysses and Penelope are married and file separate returns for 2019. Penelope itemizes her deductions on her return. Ulysses' adjusted gross income was $17,400, his itemized deductions were $2,250 and he is entitled to one exemption. Neither have any dependents. Table for the standard deduction Filing Status Standard Deduction $ 12,200 24,400 Single Married, filing jointly Married, filing separately Head of household Qualifying widow(er) 12,200 18,350 24,400 Click here to access the tax tables. Calculate Ulysses' income tax liability assuming the couple does not live in a community property state

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