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12 April, 00:48

Kenzie is a research scientist in Tallahassee, Florida. Her spouse Gary stays home to take care of their house and two dogs. Kenzie's total wages for 2019 were $60,500 from which $5,900 of federal income tax was withheld. Calculate the income tax due or income tax refund on Kenzie and Gary's 2019 individual income tax return. Use the tax formula for individuals and show your work.

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  1. 12 April, 02:40
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    tax due 1,848 (presenting head of household)

    Explanation:

    They will use Head of household

    As Gary do not work and this will report the better tax-burden for them

    Tax bracket table for the year ended December 31th 2019

    10% $ 0 to $13,850

    12% $13,851 to $52,850

    22% $52,851 to $84,200

    13.850 x 10% = 1,385

    (52,850 - 13,850) x 12% = 4,680

    (60,500 - 52,850) x 22% = 1,683

    Total tax: 7.748

    tax due 7,748 - 5,900 = 1,848
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