In 2018, Richard, a Single Taxpayer, Has Adjusted Gross Income

question 359

Multiple Choice

In 2018, Richard, a single taxpayer, has adjusted gross income of $40,200. His AGI includes $4,000 of qualified dividends. Richard does not itemize deductions. What is his 2018 federal income tax?

• A) $3,194
• B) $3,314
• C) $2,714
• D) None of the above.

---

Definitions:

Postpone Purchases

The act of delaying buying goods or services until a later date, often due to financial considerations, changing needs, or waiting for price reductions.

Prematurely

Occurring or done before the usual or proper time, often implying a negative outcome or risk.