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book Fundamentals of Taxation 2011 4th Edition by Ana Cruz, Debra Prendergast, Dan Schisler, Michael Deschamps cover

Fundamentals of Taxation 2011 4th Edition by Ana Cruz, Debra Prendergast, Dan Schisler, Michael Deschamps

Edition 4ISBN: 978-0078110993
book Fundamentals of Taxation 2011 4th Edition by Ana Cruz, Debra Prendergast, Dan Schisler, Michael Deschamps cover

Fundamentals of Taxation 2011 4th Edition by Ana Cruz, Debra Prendergast, Dan Schisler, Michael Deschamps

Edition 4ISBN: 978-0078110993
Exercise 21
Using the appropriate tax tables or tax rate schedules, determine the amount of tax liability in each of the following instances.
a. A married couple filing jointly with taxable income of $32,991.
b. A married couple filing jointly with taxable income of $192,257.
c. A married couple filing separately, one spouse with taxable income of $43,885 and the other with $56,218.
d. A single person with taxable income of $79,436.
e. A single person with taxable income of $297,784.
f. A head of household with taxable income of $96,592.
g. A qualifying widow with taxable income of $14,019.
h. A married couple filing jointly with taxable income of $11,216.
Explanation
Verified
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Income tax is the tax paid by individual...

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Fundamentals of Taxation 2011 4th Edition by Ana Cruz, Debra Prendergast, Dan Schisler, Michael Deschamps
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