Question
Use the accompanying 2012 marginal tax rate table to determine the tax owed by a single man with no dependents whose gross income was $50,000.
Use the accompanying 2012 marginal tax rate table to determine the tax owed by a single man with no dependents whose gross income was $50,000. He had adjustments of $2000, and total deductions of $4500. He has a $200 tax credit.
What is the tax owed? Please Show all calculation.
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Answer To determine the tax owed by a single man with no dependents whose gross income was 50000 we ...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
