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Samantha is single and has $130,000 of wages; $8,000 of interest income from her bank account; $2,000 of municipal bond interest from a City of
Samantha is single and has $130,000 of wages; $8,000 of interest income from her bank account; $2,000 of municipal bond interest from a City of Philadelphia bond; $4,000 of royalties; and $5,000 of net rental income. What is her tax liability for 2020 (rounding up to the nearest whole dollar)? Hint: Use your tax formula!
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$ 24,464
$ 26,864
$ 22,019
$ 26,384
$ 29,360
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