Using the Tax Rate Schedules, compute Morgan's 2019 Federal income tax liability. Morgan (age 45) is single and provides more than 50% of the support of Tammy (a family friend, age 36), Jen (a niece, age 18), and Jerold (a nephew, age 18). Both Tammy and Jen live with Morgan, but Jerold (a citizen of France) lives in Canada. Morgan earns a $95,000 salary, contributes $5,000 to a traditional IRA, and receives sales proceeds of $15,000 for an RV that cost $60,000 and was used only for vacations. She incurs $8,200 in itemized deductions.

quarterly prepay HUwever, the ld um preceding year. For purposes of estimating tax liability and making quarterly ments, the Tax Rate Schedules usually are consulted. 3-5c Tax Rate Schedule Method The 2019 Tax Rate Schedule for single taxpayers is reproduced in Exhibit 3.9.51 EXHIBIT 3.9 2019 Tax Rate Schedule for Single Taxpayers If Taxable income is Over But Not Over The Tax Is: $ -O- 9,700 39,475 84,200 160,725 $ 9,700 39,475 84,200 160,725 204,100 510,300 10% $ 970.00 + 12% 4,543.00 + 22% 14,382.50 + 24% 32,748.50 + 32% 46,628.50 + 35% 153,798.50 + 37% Of the Amount Over $ -O- 9,700 39,475 84,200 160,725 204,100 510,300 204,100 510,300 Sig IC. 18 and 2019 Tax Rate Schedules are repro- reference, the Tax Rate Schedules also are wer of this text