Marco and Tatiana are married and file separate returns for 2021. Tatiana itemizes her deductions on her return. Marco's adjusted gross income was $18,000, his itemized deductions were $2,400. Neither have any dependents. Table for the standard deduction Filing Status Standard Deduction Single $12,550 Married, filing jointly 25,100 Married, filing separately 12,550 Head of household 18,800 Qualifying widow(er) 25,100 Click here to access the tax tables. Calculate Marco's income tax liability assuming the couple does not live in a community property state. 548 X

SWFT Individual Income Taxes
43rd Edition
ISBN:9780357391365
Author:YOUNG
Publisher:YOUNG
Chapter7: Deductions And Losses: Certain Business Expenses And Losses
Section: Chapter Questions
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Problem 1-6
he Tax Formula for Individuals, Filing Status and Tax Computation, The Standard Deduction (LO 1.3, 1.5, 1.8)
Marco and Tatiana are married and file separate returns for 2021. Tatiana itemizes her deductions on her return. Marco's
adjusted gross income was $18,000, his itemized deductions were $2,400. Neither have any dependents.
Table for the standard deduction
Filing Status
Standard Deduction
Single
$12,550
Married, filing jointly
25,100
Married, filing separately
12,550
Head of household
18,800
Qualifying widow(er)
25,100
Click here to access the tax tables.
Calculate Marco's income tax liability assuming the couple does not live in a community property state.
$4
548 X
Transcribed Image Text:Problem 1-6 he Tax Formula for Individuals, Filing Status and Tax Computation, The Standard Deduction (LO 1.3, 1.5, 1.8) Marco and Tatiana are married and file separate returns for 2021. Tatiana itemizes her deductions on her return. Marco's adjusted gross income was $18,000, his itemized deductions were $2,400. Neither have any dependents. Table for the standard deduction Filing Status Standard Deduction Single $12,550 Married, filing jointly 25,100 Married, filing separately 12,550 Head of household 18,800 Qualifying widow(er) 25,100 Click here to access the tax tables. Calculate Marco's income tax liability assuming the couple does not live in a community property state. $4 548 X
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