Using the Tax Rate Schedules, compute the 2017 tax liability for Charlotte. Charlotte (age 40) is a surviving spouse and provides all of the support of her four minor children, who live with her. Charlotte also maintains the household in which her parents live, and she furnished 60% of their support. Besides interest on City of Miami bonds in the amount of $5,500, Charlotte's father received $2,400 from a part-time job. Charlotte earns an $80,000 salary, a short-term capital loss of $2,000, and a cash prize of $4,000 at a church raffle. Charlotte reports itemized deductions of $10,500.

The personal exemption is $4,050 for 2017. Click here to access the standard deduction table to use, if required.

a. Is the cash prize taxable to Charlotte?

b. Charlotte does not have any capital gains. How much of the short-term capital loss can Charlotte deduct this year? $

c. Should Charlotte itemize her deductions or take the standard deduction?

d. Can Charlotte claim her parents as dependents?

e. Compute Charlotte's taxable income. $

f. Using the Tax Rate Schedules (click here), tax liability for Charlotte is $ for 2017. (If required, round your answer to the nearest whole dollar.)