Abraham is a single taxpayer with no dependents.He received $297 in bank interest and $1,500 for an educational expenses deduction.His charitable contributions were $2,000.
Use the information to complete the table below: Wages,tips,and other compensation: $47,513;Social Security withheld based on wages of $47,513;Medicare withheld based on wages of $47,513;federal tax withheld: $4,325;state tax withheld: $2,790.Assume $3,500 per exemption and use the tax rate for the income interval for $32,550 to $78,850 of $4,481.25 + 25% for taxable income over $32,550.
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