Find the Tax in the Following Application Problems

question 15

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.
-Lilly Donaldson had wages of $31,706, other income of $2,962, dividends of $213, interest of $328, and a regular IRA contribution of $839 last year. She had deductions of $1,271 for state income tax, $1,440 for property tax, $1,460 in mortgage interest, and $713 in contributions. Donaldson claims three exemptions and files as head of household.

• A)$1,870.00
• B)$1,275.50
• C)$393.00
• D)$-114,399.60