Rosemary is single and works for Big B Corporation.Her only income consists of her Big B salary and interest on a savings account.During the year,she has $400 withheld from her salary for state income taxes and $7,800 for federal income taxes.Her brother provides her with the following calculation of her taxable income and income tax liability:

Explain the errors that Rosemary 's brother has made in calculating her taxable income and/or her income tax liability.A recalculation is not necessary,but you must adequately explain the errors that were made.

Question

Rosemary is single and works for Big B Corporation.Her only income consists of her Big B salary and interest on a savings account.During the year,she has $400 withheld from her salary for state income taxes and $7,800 for federal income taxes.Her brother provides her with the following calculation of her taxable income and income tax liability:
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Explain the errors that Rosemary 's brother has made in calculating her taxable income and/or her income tax liability.A recalculation is not necessary,but you must adequately explain the errors that were made.

Quizplus · Accepted Answer

The Answer of Rosemary is single and works for Big B Corporation.Her only income consists of her Big B salary and interest on a savings account.During the year,she has $400 withheld from her salary for state income taxes and $7,800 for federal income taxes.Her brother provides her with the following calculation of her taxable income and income tax liability:
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​
  
Explain the errors that Rosemary 's brother has made in calculating her taxable income and/or her income tax liability.A recalculation is not necessary,but you must adequately explain the errors that were made.

Rosemary Is Single and Works for Big B Corporation