Examlex

Solved

Find the Tax in the Following Application Problems

question 97

Multiple Choice

Find the tax in the following application problems. Use $4050 for each personal deduction, a standard deduction of $6300 for single taxpayers, $12,600 for married taxpayers filing jointly, $6300 for married taxpayers filing separately, and $9300 for head of household and the tax rate schedule. Find the tax in the following application problems. Use $4050 for each personal deduction, a standard deduction of $6300 for single taxpayers, $12,600 for married taxpayers filing jointly, $6300 for married taxpayers filing separately, and $9300 for head of household and the tax rate schedule.   -The Greenwoods had an adjusted gross income of $57,492 last year. They had deductions of $1,095 for state income tax, $4,205 for property tax, $5,320 in mortgage interest, and $2,261 in contributions. The Greenwoods claim four exemptions and file a joint return. A) $3,813.80 B) $5,841.65 C) $4,902.75 D) $3,334.15
-The Greenwoods had an adjusted gross income of $57,492 last year. They had deductions of $1,095 for state income tax, $4,205 for property tax, $5,320 in mortgage interest, and $2,261 in contributions. The Greenwoods claim four exemptions and file a joint return.


Definitions:

Asperger Syndrome

A developmental disorder affecting ability to effectively socialize and communicate, part of the autism spectrum.

Autism

A developmental disorder that affects communication and behavior, characterized by challenges with social interaction and by repetitive and restricted patterns of behavior.

Electroconvulsive Therapy

A psychiatric treatment where seizures are electrically induced in patients to provide relief from mental disorders.

Brief Psychotherapy

A short-term psychological treatment aimed at addressing specific issues and designed to produce insights or changes within a limited timeframe.

Related Questions