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Required: Determine the tax liability for tax year 2020 in each of the following instances. In each case, assume the taxpayer can take only the

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Required: Determine the tax liability for tax year 2020 in each of the following instances. In each case, assume the taxpayer can take only the standard deduction. Use the appropriate Tax Tables and Tax Rate Schedules. a. A single taxpayer, not head of household, with AGI of $23,493 and one dependent. b. A single taxpayer, not head of household, with AGI of $169,783 and no dependents. (Round your intermediate computations to 2 decimal places and final answer to the nearest dollar amount.) c. A married couple filing jointly with AGI of $39,945 and two dependents. d. A married couple filing jointly with AGI of $162,288 and three dependents. (Round your intermediate computations to 2 decimal places and final answer to the nearest dollar amount.) e. A married couple filing jointly with AGI of $301,947 and one dependent. (Round your intermediate computations to 2 decimal places and final answer to the nearest dollar amount.) f. A taxpayer filing married filing separately with AGI of $68,996 and one dependent. g. A qualifying widow, age 66, with AGI of $49,240 and one dependent. h. A head of household with AGI of $14,392 and two dependents. i. A head of household with AGI of $59,226 and one dependent (For all requirements, use the Tax Tables for taxpayers with taxable income under $100,000 and the Tax Rate Schedules for those with taxable income above $100,000.) Tax liability b d. e 1. 9 h I 2020 Federal Tax Rate Schedules Schedule X-Single If taxable income is over: But not over: $0 $ 9,875 $9.875 $ 40,125 $ 40,125 $ 85,525 $ 85.525 $ 163,300 $ 163,300 $207,350 $ 207,350 $ 518.400 $518,400 The tax is: 10% of taxable income $987 50 plus 12% of the excess over $9,875 $4.617.50 plus 22% of the excess over $40,125 $14,605.50 plus 24% of the excess over $85 525 $33,271,50 plus 32% of the excess over $163,300 $47.367.50 plus 35% of the excess over $207,350 $156,235.00 plus 37% of the excess over $518.400 Schedule Y-1-Married Filing Jointly or Qualifying Widow(er) If taxable income is over: But not over: $0 $ 19,750 $ 19,750 S 80,250 $ 80,250 $ 171.050 $ 171.050 $ 326,600 $ 326,600 $414.700 $ 414,700 $ 622.050 $622,050 The tax is: 10% of taxable income $1.975.00 plus 12% of the excess over $19.750 59.235.00 plus 22% of the excess over $80,250 $29.211.00 plus 24% of the excess over $171.050 $66.543.00 plus 32% of the excess over $326,600 $94.735.00 plus 35% of the excess over $414,700 $167,307 50 plus 37% of the excess over $622,050 Schedule Y-2-Married Filing Separately If taxable income is over: But not over: $0 $ 9,875 $9.875 S 40.125 $ 40,125 $ 85,525 $ 85,525 $ 163,300 $ 163,300 $207,350 $ 207,350 $ 311,025 $ 311.025 The tax is: 10% of taxable income $987.50 plus 12% of the excess over $9,875 $4,617.50 plus 22% of the excess over $40.125 $14,605.50 plus 24% of the excess over $85 525 $33,271.50 plus 32% of the excess over $163,300 $47,367 50 plus 35% of the excess over $207,350 $83,653.75 plus 37% of the excess over $311,025 Schedule Z-Head of Household If taxable income is over: But not over: $0 $ 14,100 $ 14,100 $ 53,700 $ 53,700 S85500 $ 85.500 $ 163,300 $ 163,300 $ 207,350 $207,350 $ 518,400 $ 518.400 The tax is: 10% of taxable income $1410.00 plus 12% of the excess over $14,100 $6,162.00 plus 22% of the excess over $53,700 $13,158,00 plus 24% of the excess over $85.500 $31.830.00 plus 32% of the excess over $163,300 $45926.00 plus 35% of the excess over $207 350 $154.793 50 plus 37% of the excess over $518.400

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