What tax rates are applicable for individuals?

To whom does the alternate basic contribution apply?

During 2018, Dante determined his net taxable income to be $38,000. How much is the regular determined contribution? Ramiro, 64 years old, purchased an annuity of $200,000. During the taxable year you received $15,000 from the annuity. What amount must you include in gross income?

Israel, bona fide farmer received $35,000 in government incentives. He used this money to buy a tractor that has a useful life of 8 years. How much do you have to include in gross income?

Jennifer has a clothing sales business, which reported losses of $68,000. Additionally, it reported net income in its non-core business of $62,000. How much is your adjusted gross income?

During this taxable year, Isabel used her motor vehicle 50% for her work and incurred automobile expenses of $9,000. How much can you deduct from your return?