Using the tax form, instructions and info attached, answer the following questions.

1. Assume you are a single person with no dependents who made $35,000.00 from your primary job and an additional $5,500.00 from a part time position. You had a total of $7,700 dollars withheld in taxes (from both jobs combined) and will take the standard deduction.

1. Will you get a refund or will you have to pay more tax?
2. What is the amount of the refund/payment?

2. Using the tax tables on page 90 of the instructions, assume a single person has a taxable income of $382,000.00.

1. What will the single person's total tax be?
2. What is the single person's effective tax rate? (5 pts.)

Section A-Use if your filing status is Single. Complete the row below that applies to you. (c (c) Multiply (a) by (b) Tax. Subtract (d) from (c). Enter the result here and on Form 1040, line 44 (d) Subtraction amount $ 6,963.25 S Taxable income. (a) (b) If line 43 is, Enter the amount from line 43 Multiplication amount At least $100,000 but not over $190,150 S x 28% (0.28) $ Over $190,150 but not over $413,350 S x 33% (0.33) S Over $413,350 but not over $415,050 $ $ * 35% (0.35) S Over $415,050 $ * 39.6% (0.396) $ S $ 16,470.75 $ 24,737.75 $ 43,830.05 S $ Multiply Section B-Use if your filing status is Married filing jointly or Qualifying widow(er). Complete the row below that applies to you. Tax. (c) Subtract (d) from (c). Enter the Taxable income. (a) (b) b (d) result here and on Form 1040, If line 43 is- Enter the amount from line 43 Multiplication amount (a) by (b) a Subtraction amount line 44 At least $100,000 but not over $151,900 $ x 25% (0.25) S S 8,457.50 s Over $151,900 but not over $231,450 S x 28% (0.28) S 13.014.50 Over $231,450 but not over $413,350 x 33% (0.33) $ S 24,587.00 Over $413,350 but not over $466,950 $ x 35% (0.35) $ 32,854.00 $ Over $466,950 $ x 39.6% (0.396) $ $ 54,333.70 S S S S S. S Section C-Use if your filing status is Married filing separately. Complete the row below that applies to you. Tax. (c) Subtract (d) from (c). Enter Taxable income. (a) (b) b Multiply (d) the result here and on Form If line 43 is - Enter the amount from line 43 Multiplication amount (a) by (b) Subtraction amount 1040, line 44 At least $100,000 but not over $115,725 S x 28% (0.28) S $ 6,507.25 s Over $115,725 but not over $206,675 $ x 33% (0.33) s $ 12,293.50 $ Over $206,675 but not over $233,475 S x 35% (0.35) $ 16,427.00 S Over $233,475 S x 39.6% (0.396) S $ 27,166.85 $ S Section DUse if your filing status is Head of household. Complete the row below that applies to you. (c) Multiply (a) by (b) Tax. Subtract (d) from (c). Enter the result here and on Form 1040, line 44 (d (d) Subtraction amount $ 5,702.50 S $ S Taxable income. (a) a (b) If line 43 is- Enter the amount from line 43 Multiplication amount At least $100,000 but not over $130,150 $ * 25% (0.25) Over $130,150 but not over $210,800 $ x 28% (0.28) Over $210,800 but not over $413,350 $ *33% (0.33) Over $413,350 but not over $441,000 $ * 35% (0.35) Over $441,000 $ x 39.6% (0.396) $ 9,607.00 $ S $ 20,147.00 $ S $ 28,414.00 S. S $ 48,700.00 $