Dawn is a single taxpayer. Her income and expenses for the year is as follows: Income Salary - $69,260 Interest - $611 Short term capital loss - $5,930 Expenses Medical expenses - $2,000 Home mortgage interest - $3,200 Property Taxes - $1,400 Charitable contributions - $900 Requirement C. Compute Maria's tax liability. ​(Use the 2020 tax rate schedule below for all tax calculations. Do not round any intermediary calculations. Round your final tax liability to the nearest whole​ dollar.)

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Q: Hansaben

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Fringe Benefit Tax

Fringe benefits are in addition to the compensation that companies give to their employees. It is an additional benefit above the stated salary. It helps to keep the employees of the firm motivated as sometimes the only salary is not enough to retain the quality employees of the firm. There are different types of fringe benefits. Fringe benefits are given in both private as well as public enterprises.