phillip is married, filling jointly, with an AGI of $49,432. He is claimed two exemptions of $16400 and deduction of $2047. what is his tax due

Respuesta :

Answer:

tax due is $3916

Step-by-step explanation:

given data

AGI = $49,432

exemptions = $16400

deduction = $2047

to find out

what is his tax due

solution

we know tax due is here express as

income = AGI -  exemptions + deduction    .............1

income = $49432  - $16400 + $2047

income = $30985

now we will check in tab for Married Filing Jointly tax refer

check between amount 30950 and 31000

tax is $3916

so tax due is $3916

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