Problem 1-8 The Tax Formula for Individuals, Filing Status and Tax Computation, Personal and Dependency Exemptions (LO 1.3, 1.5, 1.7)

Jonathan is a 35-year-old single taxpayer with adjusted gross income in 2019 of $46,300. He uses the standard deduction and has no dependents.

Table for the standard deduction

Filing Status	Standard Deduction
Single	$ 12,200
Married, filing jointly	24,400
Married, filing separately	12,200
Head of household	18,350
Qualifying widow(er)	24,400

Click here to access the tax tables.

a. Calculate Jonathan's taxable income. $34,100

b. When you calculate Jonathan's tax liability are you required to use the tax tables or the tax rate schedule? The tax table must be used unless the taxpayer's taxable income is $100,000 or more.

c. What is Jonathan's tax liability? (Can you please explain how to calculate it? Thank you!)