chapter_3_questions solutions - taxable income 700 39) a)...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
31) Gross income 40,000 Itemized ded 11,950 exemptions 14,800 taxable income 13,250 32) Gross income 70,000 itemized ded 9,000 exemptions 11,100 taxable income 49,900 33) a,c 34) a) Gross income 30,000 itemized ded 11,300 exemptions 14,800 taxable income 3,900 b) Gross income 30,000 itemized ded 3,800 taxable income 26,200 c) Gross income 3,100 itemized ded 2,900 taxable income 200 d) Gross income 65,000 itemized ded 8,900 exemptions 7,400 taxable income 48,700 e) Gross income 65,000 itemized ded 1,500 exemptions 11,100 taxable income 52,400 35) She is allowed the full standard deduction since her earned income plus 300 is over the stand Chapter 3 Problems 31, 32, 33, 34, 35, 39, 40, 42, 43, 44, 45, 47 Initial Submission Due Sept 13
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 4
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: taxable income 700 39) a) yes b) no 40) no 42) head of household status 43) a)married individuals filing jointly b) married filing seperately c) married individuals filing jointly 44) a)surviving spouse b) head of household c) single individual 45) 2011- Married filing a separate return, with head of household 2012- Head of household 2013- surviving spouse and head of household 2014- surviving spouse and head of household 47) a) she should file a return b) they should file a return c) he is not required to file a return dard deduction...
View Full Document

This note was uploaded on 09/15/2011 for the course INCOME TAX 4404 taught by Professor Bulie during the Spring '11 term at University of Minnesota Duluth.

Page1 / 4

chapter_3_questions solutions - taxable income 700 39) a)...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online