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Question 6, 20.3.13 HW Score: 0%, 0 of 10 points O Points: 0 of 1 Save Canty has an adjusted gross income of $68,689 and
Question 6, 20.3.13 HW Score: 0%, 0 of 10 points O Points: 0 of 1 Save Canty has an adjusted gross income of $68,689 and itemized deductions that total $18,598. Canty can claim two exemptions (One exemption = $4,000.) What is her taxable income? . . . Canty's taxable income is $. (Simplify your answer.). st :0o ,0 HO 't Question 4, 20.3.9 core A o poms 0 Points: 0 of 1 Use Table 20-2 to find the federal income tax, where the taxable income is $263,424 and the ling status is "Single." '6 Click here to view the tax computation worksheet for a filing, Section A. Click here to view the tax computation worksheet for a filing, Section B. Click here to view the tax computation worksheet for a filing, Section C. Click here to view the tax computation worksheet for a filing, Section D. The tax is $ (Simplify your answer. Round to the nearest cent as needed.) Definition Section BUse if your filing status is Married filing jointly or Qualifying widow(er). Complete the row below that applies to you. Taxable income. (a) (b) (c) (cl) Tax. If line 43 is Enter the amount Multiplication Multiply (a) by (b) Subtraction amount Subtract (d) from (c). from line 43 amount Enter the result here and on Form 1040, line 44 At least $100,000 but not over $151,200 $ x 25%(025) $ $8,412.50 $ Over $151,200 but not over $230,450 35 x 28%(028) 35 $12,948.50 35 Over $230,450 but not over $411,500 35 x 33%(0.33) $ $24,471.00 35 Over $411,500 but not over $464,850 35 x 35%(0.35) 35 $32,701.00 35 Over $464,850 $ X 39.6%(0.396) 39 $54,084.10 $ HW Score: 0%, 0 of 10 points Question 4, 20.3.9 0 Points: 0 of 1 Use Table 20-2 to find the federal income tax, where the taxable income is $263,424 and the ling status is "Single." '6 Click here to view the tax computation worksheet for a filing, Section A. Click here to view the tax computation worksheet for a filing, Section B. Click here to view the tax computation worksheet for a filing, Section C. Click here to view the tax computation worksheet for a filing, Section D. The tax is $ . (Simplify your answer. Round to the nearest cent as needed.) Definition Section DUse if your filing status is Head of household. Complete the row below that applies to you. Taxable income. (a) (b) (c) (d) Tax. If line 43 is Enter the amount Multiplication Multiply (a) by (b) Subtraction amount Subtract (d) from (c). from line 43 amount Enter the result here and on Form 1040, line 44 At least $100,000 but not over $129,600 $ x 25%(0.25) $ $5,677.50 $ Over $129,600 but not over $209,850 $ >
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