Calculate the total 2017 tax liability for a surviving spouse with one dependent child with a gross income of $40,680, no salary reductions for employer-provided benefits, and no itemized deductions. Assuming the single parent taxpayer's filing status is Married Cilina Jointhu or Supriving Spouce the taxnavor'c standard doduction for the 2017 tay voar is Dound to the nearest dollar.) Click the following link for a standard deduction table. E Data table Standard Deduction Amounts Filing Status Single Married Filing Jointly or Surviving Spouse Head of Household Married Filing Separately Personal Exemptions in 2017: $4,050 Child Tax Credit in 2017: $1,000 per child 2017 $6,350 $12,700 $9,350 $6,350 Print Done
Calculate the total 2017 tax liability for a surviving spouse with one dependent child with a gross income of $40,680, no salary reductions for employer-provided benefits, and no itemized deductions. Assuming the single parent taxpayer's filing status is Married Cilina Jointhu or Supriving Spouce the taxnavor'c standard doduction for the 2017 tay voar is Dound to the nearest dollar.) Click the following link for a standard deduction table. E Data table Standard Deduction Amounts Filing Status Single Married Filing Jointly or Surviving Spouse Head of Household Married Filing Separately Personal Exemptions in 2017: $4,050 Child Tax Credit in 2017: $1,000 per child 2017 $6,350 $12,700 $9,350 $6,350 Print Done
Chapter8: Taxation Of Individuals
Section: Chapter Questions
Problem 26P
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