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Tax rates levied on personal income vary with the amount of reported taxable income and the taxpayer's filing status. Schedule X - If your filing
Tax rates levied on personal income vary with the amount of reported taxable income and the taxpayer's filing status. Schedule X - If your filing status is Single Schedule Y - 1 - If your filing status is Married filing jointly or Qualifying widow(er) Schedule Y - 2-If your filing status is Married filing separately Schedule Z - If your filing status is Head of household If your taxable income is: Henry Zhao graduated from college in 2014 and began work as a systems analyst in July 2014. He is preparing to file his income tax return for 2014, and has collected the following financial information for calendar year 2014: Prepare Henry's 2014 tax return, using a $6, 200 standard deduction, a personal exemption of $3, 950, and the tax rates given in Exhibit 3.3. Which tax form should Henry use, and why? Prepare Henry's 2014 tax return using the data in part a, along with the following information Which tax form should he use in this case? Why
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