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Required information Problem 8-47 (LO 8-1) [The following information applies to the questions displayed below.] Whitney received $74,200 of taxable income in 2019. All of

Required information

Problem 8-47 (LO 8-1)

[The following information applies to the questions displayed below.] Whitney received $74,200 of taxable income in 2019. All of the income was salary from her employer. What is her income tax liability in each of the following alternative situations? Use Tax Rate Schedule for reference. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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a. She files under the single filing status.

A. Income tax liability: ???

b. She files a joint tax return with her spouse. Together their taxable income is $74,200.

B. Income tax liability: ???

c. She is married but files a separate tax return. Her taxable income is $74,200.

C. Income tax liability: ???

d. She files as a head of household.

D. Income tax liability: ???

2019 Tax Rate Schedules Individuals Schedule X-Single If taxable income is over: But not over: The tax is: $ 0 $ 9,700 10% of taxable income $ 9,700 S 39,475 5970 plus 12% of the excess over 59,700 S 39,475 $ 84,200 $4,543 plus 22% of the excess over $39,475 S 84,200 $160,725 $14,382.50 plus 24% of the excess over $84,200 $160,725 S204,100 $32,748.50 plus 32% of the excess over $160,725 S204,100 $510,300 $46.628.50 plus 35% of the excess over $204,100 S510,300 $153,798.50 plus 37% of the excess over $510,300 Schedule Y-1-Married Filing Jointly or Qualifying Widow(er) If taxable income is over: But not over: The tax is: S 0 $ 19,400 10% of taxable income $ 19,400 $ 78,950 $1,940 plus 12% of the excess over $19,400 $ 78,950 $168,400 $9,086 plus 22% of the excess over $78,950 $168,400 $321,450 $28,765 plus 24% of the excess over $168,400 $321,450 $408,200 $65,497 plus 32% of the excess over $321,450 $408,200 $612,350 $93,257 plus 35% of the excess over $408,200 $612,350 $164,709.50 plus 37% of the excess over $612,350 Schedule Z-Head of Household If taxable income is over: But not over: The tax is: $ 0 $ 13,850 10% of taxable income S 13,850 $ 52,850 $1,385 plus 12% of the excess over $13,850 $ 52,850 $ 84,200 $6,065 plus 22% of the excess over $52,850 S 84,200 $160,700 $12.962 plus 24% of the excess over $84,200 $160,700 S204,100 $31,322 plus 32% of the excess over $160,700 S204,100 $510,300 $45.210 plus 35% of the excess over $204,100 $510,300 $152,380 plus 37% of the excess over $510,300 Schedule Y-2-Married Filing Separately If taxable income is over: But not over: The tax is: S 0 S 9,700 10% of taxable income S 9,700 $ 39,475 30 475 $970 plus 12% of the excess over $9,700 S 39,475 S 84,200 $4,543 plus 22% of the excess over $39,475 $ 84,200 $160,725 $14.382.50 plus 24% of the excess over $84,200 $160,725 $204,100 $32.748.50 plus 32% of the excess over $160,725 S204,100 $306,175 $46,628.50 plus 35% of the excess over $204,100 $306,175 - $82.354.75 plus 37% of the excess over $306,175

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