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Required information [The following information applies to the questions displayed below.] Whitney received $75,300 of taxable income in 2021. All of the income was salary
Required information [The following information applies to the questions displayed below.] Whitney received $75,300 of taxable income in 2021. 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.) a. She files under the single filing status. (Round your answer to 2 decimal places.) Income tax liability Schedule Y-2-Married Filing Separately If taxable income is over: But not over: $ 0 $ 9,950 $ 40,525 $ 86,375 $164,925 $209,425 $314,150 $ 9,950 $ 40,525 $ 86,375 $164,925 $209,425 $314,150 The tax is: 10% of taxable income $995 plus 12% of the excess over $9,950 $4,664 plus 22% of the excess over $40,525 $14,751 plus 24% of the excess over $86,375 $33,603 plus 32% of the excess over $164,925 $47,843 plus 35% of the excess over $209,425 $84,496.75 plus 37% of the excess over $314,150 7005 Schedule Y-2-Married Filing Separately If taxable income is over: But not over: $ 0 $ 9,950 $ 40,525 $ 86,375 $164,925 $209,425 $314,150 $ 9,950 $ 40,525 $ 86,375 $164,925 $209,425 $314,150 The tax is: 10% of taxable income $995 plus 12% of the excess over $9,950 $4,664 plus 22% of the excess over $40,525 $14,751 plus 24% of the excess over $86,375 $33,603 plus 32% of the excess over $164,925 $47,843 plus 35% of the excess over $209,425 $84,496.75 plus 37% of the excess over $314,150 7005
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