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Question 3 6 :Marsha works for Engineered Floors. In the evenings, Marsha also makes additional money by teaching violin lessons.In the current tax year, Shaw
Question :Marsha works for Engineered Floors. In the evenings, Marsha also makes additional money by teaching violin lessons.In the current tax year, Shaw paid Marsha a total of $ as wages.Marsha received a total of $ in payments from her violin students throughout the year.She also received a $ gift from her parents.Throughout the year, Marsha paid a total of $ to the IRS as estimated payments for her income taxes. She also incurred business expenses for her piano teaching business of $Marsha's aunt also died in the current tax year, leaving Marsha a bequest of $ in her Will.Marsha also donated $ to her church as a charitable donation.She also had a total of $ in Child and Dependent Care expenses.Using the formula and methodology demonstrated in class, calculate Marsha's remaining income tax liability for the current tax year. Show your work in the space below. For the purposes of this question, assume Marsha is an individual taxpayer. Also assume a standard deduction of $ In calculating the tax, use the following tax rates and brackets:
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