Linda is a qualifying widow in 2018. In 2018, she reports $80,000 of taxable income (all ordinary). What is her gross tax liability using the tax rate schedules? (Tax rate schedule)

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24 May, 17:13

Linda is a qualifying widow in 2018. In 2018, she reports $80,000 of taxable income (all ordinary). What is her gross tax liability using the tax rate schedules? (Tax rate schedule)

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Jaliyah Cabrera · Answer 1

The correct answer to the following question is $9479.

Explanation:

The taxable income (ordinary) of Linda in year 2018 is $80,000.

Now as per 2018 tax schedule Linda will have to pay $8907 and since her taxable income is above $77,400, that means she will have to pay 22% tax on the difference between $80,000 and $77,400, so therefore her tax liability would be -

$8907 + 22% x $2260 ($80,000 - $77,400)

= $8907 + $572

= $9479