STANDARD DEDUCTION Filing Status Married individuals filing joint returns and surviving spouses Heads of households Unmarried individuals (other than surviving spouses and heads of households) Married individuals filing separate returns Additional standard deduction for the aged and the blind; Individual who is married and surviving spouses Additional standard deduction for the aged and the blind; Individual who is unmarried and not a surviving spouse Taxpayer claimed as dependent on another taxpayer's return: Greater of (1) earned income plus $350 or (2) $1,100. *These amounts are $2,700 and $3,400, respectively, for a taxpayer who is both aged and blind. If taxable income is: Not over $19,900 Married, Filing Joint and Surviving Spouse Over $19,900 but not over $81,050 Over $81,050 but not over $172,750 Over $172,750 but not over $329,850 Over $329,850 but not over $418,850 Over $418,850 but not over $628,300 Over $628,300 The tax is: 10% of taxable income. $1,990.00 + 12% of the excess over $19,900. .... $9,328.00 + 22% of the excess over $81,050. ... $29.502.00 +24% of the excess over $172,750. ... $67,206.00 + 32% of the excess over $329,850. ... $95.686.00 + 35% of the excess over $418,850. ..$168,993.50 + 37% of the excess over $628,300. Requirement b. What will har gross tax be in 2021 and 2022 if she contributes 57 800 to charity in 2021 but makes no contribution in 2022? Begin by calculating Veronique's taxable income for 2021 and 2022. then calculate the gross tax for each year (Use the 2021 tax rate schedule for all tax calculations. Do not round intermediary calculations. Only round the amount you input in the cell to the stor $ 25,100 $ 18,800 Minut $ 12,550 $ 12.550 Taxime $1,350 Gross $1,700 Veronique is a cash basis, calender-year taxpayer. Her salary is $00.000, and she is single. She plans to purchase a residence in 2022. She anticipates her property taxes and interest wil total $7.500 Each year, Veronique contributes apprimately $3.900 to charity Her other itemized deductions total approximately $3.300 for each year. For purposes of this problem, assume that 2022 tax rates and standard deductions are the same as for 2021 Cack the icon to view the standard deduction amounes Cack the icon to view the 2021 tax rate schedule for the Single filing status Read the mes Requirement. What wil her gross tax be in 2021 and 2022 she contributes $3,500 to charity in each year? Begin by calculating Veroniques saxable income for 2021 and 2022, then calculate the gross tax for each year. (Use the 2021 sex rate schedule for all tax calculations Doundary calculations Only round the amount you input in the call to the nearest dolar Property taxes and interest Minus Charity contribution Standard deduction or itemized deductions Taxable income 2021 2022 Requirement c. What will her gross tax be in 2021 and 2022 she makes no contribution in 2021 but contributes $7.800 in 2022? Begin by calculating Veronique's taxable income for 2021 and 2022, then calculate the gross tax for each year (If an input field is not used in the table leave the input fald empty, do not select a label or Use the 2021 tax rate schedule for a tax calculations Do not round intermediary calculations Only round the amount you input in the cat to the nearest dollar Minis Taxable income Groet 2021 2022 Requirement d. Alternative results in a lower tax than either a or b. Why? A. By contributing the 57,500 in 2021, Veronique ate to deduct the entire amount in 2021. This results in a lower tax since her incana is taxed at a higher tax rate in 2021 OB. By contributing the $7,000 in 2022, Veronique is able to deduct the entire amount if $3,900 is contributed in each year, only the $3.900 contributed in 2022 is deductible. No tax benefit is received in 2021 because the contribution is less than the standard deduction 57,800 is contributed in 2021 then no sax benefit is received OC. By contributing the $7,800 in 2021, Veronique isatie to deduct the entire amount if 53.900 is contributed in each year, only the $3.900 contributed in 2021 is deductible. No tax benefi received in 2022 because the contribution is less than the property taxes and interest deduction 1157.000 is contributed in 2022 then no tax benefit is received D. By contributing the $7,000 in 2022, Veronique is able to deduct the standard deduction in 2021 and 2022. This results in a lower tax for 2021 and 2022