Business, 20.01.2020 20:31, johnsonraiah5320
Donald is a 21-year-old full-time college student. during 2016, he earned $2,500 from a part-time job and $1,150 in interest income. if donald is a dependent of his parents, what is his standard deduction amount? if donald supports himself and is not a dependent of someone else, what is his standard deduction amount?
dependant = 4000 (i got this wrong)
not a dependant = 6300 (right)
married taxpayers, who file a joint return, have taxable income of $21,103.
single taxpayer, has taxable income of $88,978.
a. tax liability =2241 marginal tax rate = 15% average tax rate =
b. tax liability =18015 marginal tax rate = 25% average tax rate =
Answers: 2
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Donald is a 21-year-old full-time college student. during 2016, he earned $2,500 from a part-time jo...
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