Jenni is married filling separately with taxable income of $68,000. How much tax does she owe? ( round to the nearest cent as needed) Tax Rate. Single 10% up to $9,325 15% up to $ 37, 950 25% up to $91, 900 The tax owed is $....

use the marginal tax rates in the table below to compute the tax owed in the following situation.   Winona and Jim are married filing​ jointly, with a taxable income of ​$288,000. They are entitled to a ​$6000 tax credit.   Solve. The tax owed is $.   enter your response here. Tax Rate Married filing jointly ​10% up to​ $18,650 ​15% up to​ $75,900 ​25% up to​ $153,100 ​28% up to​ $233,350 ​33% up to​ $416,700 ​35% up to​ $470,700 ​39.6% above​ $470,700 Standard deduction ​$12,700 Exemption ​(per person) ​$4050

Manabhai

Use the Tax Rate Tables, Exhibit 18-3, to calculate the tax liability for the following taxpayers. Name Filing Status Taxable Income Tax Liability 10. Rua Head of Household $175,800 $36,554 11. Dylewski Married, Jointly $52,500 ANSWER$5,919 12. Williams Single $61,300 blank 2 13. Cabral Married, Separately $185,188 ANSWER$40,949.66

A woman is in the 15% tax bucket and itemizes her deductions. How much will her tax bill be reduced if she makes a$200 tax deductible contribution to charity A. $30 B. $200 C. $0 D. $170

The table below shows a certain state's income tax rates for individuals filing a return. Complete parts (A) through (D below. SINGLE, MARRIED FILING SEPERATELY, OR HEAD OF HOUSEHOLD SINGLE, MARRIED FILING SEPERATELY, OR HEAD OF HOUSEHOLD Over $0 $12,500 $50,000 But Not Over $12,500. $50,000 Tax Due Is 4% of taxable income $500.00 plus 6.25% of excess over $12,500 $2843.75 plus 6.5% of excess over $50,000 (A) Write a piecewise definition for T(x), the tax due on a taxable income of x dollars. if 0≤x≤12,500 T(x)= if 12,500 x≤50,000 if 50,000 < x (Use integers or decimals for any numbers in the expressions.)

A woman is in the 15% tax bracket and itemizes her deductions. How much will her tax bill be reduced if she makes a $200 tax deduction contribution to charity? A. $30 B. $200 C. $ 0 D $ 170

Calculate the total tax​ (FICA and income​ taxes) owed by each individual in the following pair. Compare their overall tax rates. Assume that each individual is singleand takes the standard deduction. Use the tax rates in the table to the right and the special rates for the dividends and capital gains.   Pierre earned $140,000 in wages. Katarina earned ​$140,000​, all from dividends and​ long-term capital gains. Tax Rate   Single ​10%   up to​ $9325 ​15%   up to​ $37,950 ​25%   up to ​$91,900 ​28%   up to ​$191,650 ​33%   up to ​$416,700 ​35%   up to ​$418,400 ​39.6%   above ​$418,400 Standard deduction   ​$6350 Exemption ​(per person)   ​$4050 For​ 2017, the FICA tax rates were​ 7.65% on the first​ $127,200 of income from wages and​ 1.45% on any income from wages in excess of​ $127,200. The tax rates for​ long-term capital gains and dividends were​ 0% for income in the​ 10% and​ 15% tax​…

sch.3

Duela Dent is single and had $178,400 in taxable income. Use the rates from Table 2.3. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Calculate her income taxes. Income taxes $ 57,088.00