What is the amount of the tax liability for a single person having taxable income of $59,200? Use the appropriate Tax Tables 2022 and Tax Rate Schedule 2022
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What is the amount of the tax liability for a single person having taxable income of $59,200? Use the appropriate Tax Tables 2022 and Tax Rate Schedule 2022
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- Determine from the tax table in Appendix A the amount of the income tax for each of the following taxpayers for 2019:In 2019, what is the top tax rate for individual long-term capital gains and the top tax rate for long-term capital gains of collectible items assuming that the Medicare tax does not apply. 10; 20 20; 28 15; 25 25; 28What are the tax rates for FICA Social Security and FICA Medicare? What are the maximum taxable earnings amounts for each of these taxes?
- Calculating marginal tax rates. Lacey Hansen is single and received the items and amounts of income shown below during 2018, as shown below. Determine the marginal tax rate applicable to each item. Note that if the item is not taxable, the marginal rate is 0.How are qualified dividends taxed in 2019? Please give the rates of tax which apply to qualified dividends, and specify when each of these rates applies. _______________________________________________________________________________________________________________________________________________What is the amount of the tax liability for a single person having taxable income of $59,200? Use the appropriate Tax Tables and Tax Rate Schedules 2022 Note: All answers should be rounded to the nearest dollar. Multiple Choice $7,326. $7,147. $8,647. $6,696.
- 2. Determine from the tax table or the tax rate schedule, whichever is appropriated, the amount of the income tax for each of the following taxpayers for 2022. Taxpayer(s) Filling Status Single MFS Elisha Leo Tommy Emilia H of H Single Taxable Income Income Tax 74,580 $86,200 $20,350 $49,650 $ $ $12312Using the table below, use the 2022 tax code, find out what your taxable income is, filing single. You can assume you take an itemized deduction. Also find out what tax bracket you are in and how much you pay in taxes. For simplicity consider your dividend income taxed the same way as your salary income.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
- Use the Tax Rate Tables, Exhibit 18-3, to calculate the tax liability (in $) for the taxpayer. Name Filing Status Taxable Income Tax Liability Rua head of household $165,400 $ %24Use the Tax Rate Tables, Exhibit 18-3, to calculate the tax liability (in $) for the taxpayer. Name : Rua Filing Status : head of the household Taxable income : $185,400 what is the Tax Liablity ??Based on 2022 Tax Table, federal tax payable before tax credit of a person whose net income of $221,708 is
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