Melissa is a 35-year-old single taxpayer with adjusted gross income of $49,600. She uses the standard deduction and has no dependents.
a. Calculate Melissa's 2014 taxable income. Please show your work.
b. When you calculate Melissa's tax liability, are you required to use the tax tables or the tax rate schedules, or does it matter?
c. What is Melissa's tax liability?

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The Answer of Melissa is a 35-year-old single taxpayer with adjusted gross income of $49,600. She uses the standard deduction and has no dependents.
a. Calculate Melissa's 2014 taxable income. Please show your work.
b. When you calculate Melissa's tax liability, are you required to use the tax tables or the tax rate schedules, or does it matter?
c. What is Melissa's tax liability?

Melissa Is a 35-Year-Old Single Taxpayer with Adjusted Gross Income