Question
Tim and Sarah are filing married filing jointly. They had $145,000 of income from salaries and a S/T capital gain of $2,000. They had itemized
Tim and Sarah are filing married filing jointly. They had $145,000 of income from salaries and a S/T capital gain of $2,000. They had itemized deductions that total $19,750. What is their tax liability?
| A. | $18,324 | |
| B. | $19,435 | |
| C. | None of the amounts listed | |
| D. | $18,464 | |
| E. | $19,575 |
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Sound Investing, Chapter 1 - The Financial Pressure
Authors: Kate Mooney
2nd Edition
0071719237, 9780071719230
