Homework SoursePlease help Jaki Taggart determine her tax liability based o
Please help Jaki Taggart determine her tax liability based on the following: salary, $58,250; wages, $37,010; capital gains, $14,580; $2,000 IRA contribution; mortgage interest, $7,250; property taxes, $4,260; charitable contributions, $520. She files as head of household and claims two exemptions.
| Please help Jaki Taggart determine her tax liability based on the following: salary, $58,250; wages, $37,010; capital gains, $14,580; $2,000 IRA contribution; mortgage interest, $7,250; property taxes, $4,260; charitable contributions, $520. She files as head of household and claims two exemptions. |
Solution
$58,250-$37,010+$14,580-$2000+$7250-$4260 = 36810
