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Round your answers to the nearest dollar. 2020 Net Tax Tax or Refund Liability a. $ $ Mark is single with no dependents and has

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Round your answers to the nearest dollar. 2020 Net Tax Tax or Refund Liability a. $ $ Mark is single with no dependents and has a taxable income of $59,600. He has $8,800 withheld from his salary for the year. b. $ Harry and Linda are married and have taxable income of $59,600. Harry has $5,180 withheld from his salary. Linda makes estimated tax payments totaling $2,280. C. Aspra is single. His 20-year-old son, Calvin, lives with him throughout the year. Calvin pays for less than one-half of his support and his earned income for the year is $2,960. Aspra pays all costs of maintaining the household. His taxable income is $59,600. Aspra's withholdings total $7,600. d. $ Randy and Raina are married. Because of marital discord, they are not living together at the end of the year, although they are not legally separated or divorced. Randy's taxable income is $27,000, and Raina's is $59,600. Randy makes estimated tax payments of $1,300, and Raina has $9,400 in tax withheld from her salary. Assume they choose to file as married filing jointly. 2020 INDIVIDUAL TAX RATE SCHEDULES Table B-1 Single Taxpayers But Not Over of the Amount Over The Tax Is 9,875 If Taxable income Is Over $ 0 9,875 40,125 85,525 163,300 207,350 518,400 40,125 85,525 163,300 207,350 518,400 10% $ 987.50 + 12% 4,617.50 + 22% 14,605.50 +24% 33,271.50 + 32% 47,367.50 + 35% 156,235.00 + 37% $ 0 9,875 40,125 85,525 163,300 207,350 518,400 Table B-2 Married Taxpayers Filing Jointly and Surviving Spouse If Taxable income Is Over But Not Over The Tax Is of the Amount Over $ 0 19,750 80,250 171,050 326,600 414,700 622,050 19,750 80,250 171,050 326,600 414,700 622,050 10% $ 1,975.00 + 12% 9,235.00 + 22% 29,211.00 + 24% 66,543.00 + 32% 94,735.00 + 35% 167,307.50 + 37% $ 0 19,750 80,250 171,050 326,600 414,700 622,050 Table B-3 Head of Household But Not Over of the Amount Over The Tax Is If Taxable income Is Over $ 0 14,100 53,700 85,500 163,300 207,350 518,400 14,100 53,700 85,500 163,300 207,350 518,400 10% $ 1,410.00 + 12% 6,162.00 + 22% 13,158.00 + 24% 31,830.00 + 32% 45,926.00 + 35% 154,793.50 + 37% 0 14,100 53,700 85,500 163,300 207,350 518,400

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