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Federal Income Taxes Assignment

Author:
February 19th, 2020

Anabella Cunningham is 24 years old and single lives in an apartment, and has no dependents. Last year she earned $55,000 as a sales representative for Planning Associates; $3,910 of her wages were withheld for federal income taxes. In addition, she had an interest income of $142. She takes the standard deduction.

Calculate her:

a. taxable income

b. tax liability

c. a tax refund or tax owed for 2018. .

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