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The following 2022 information is available for Sierra Horton for 2022. Sierra is age 32 and qualifies for head of household filing status. Salaries $190,000
The following 2022 information is available for Sierra Horton for 2022. Sierra is age 32 and qualifies for head of household filing status. Salaries $190,000 Interest income 9,000 Deductible IRA contributions 6,000 Itemized deductions 22,000 Federal income tax withholding 18,000 Determine the taxpayer's taxable income. Also determine her tax liability (see corresponding tax rate schedules). Show your calculations. No credit will be awarded without supporting calculations.
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