Calculate the following taxpayers’ tax liabilities using 2021 tax rate  A single taxpayer had taxable income of $76,500 A Head of household taxpayer had taxable income of $76,500 A married couple (married filing jointly) had taxable income of $76,500

Give typing answer with explanation and conclusion  Based on the 2021 tax brackets, If Brian and his wife have a taxable income of $70,000 and they receive a $7200 child credit (because they have 2 children under the age of 5), what is their total income tax liability?   a. $6280   b. $802   c. $21,000

What is the tax liability for a single person with taxable income of $27,880? What is the tax liability for a single person with taxable income of $56,060?

The 2020 Arizona graduated tax rate is given in the table below for those filing status is single or married filing separate. To use this table you will calculate the amount of money to be taxed at each level and theri sum up the amount for each given tax rate. Find the income tax for a person filing single and has a taxable income reported as $75.700. Round your answer to the nearest whole dollar amount. Income The income between $0 and $27.272 Tax Rate 2.59% The income between $27.272 and $54.544 3.34% The income between $54,544 and $163.632 4.17% The income above $163.632 Your Answer: 4.50%