John and Georgia are married, file jointly, and have three dependents (qualifying children ages
13,16 , and 18). They have salaries of $130,000, a capital loss of $8,000, and tax-exempt interest
income of $1,000. They paid home mortgage interest of $10,000, state income taxes of $4,000,
property taxes of $2,800, medical expenses of $3,000, and charitable contributions of $5,000.
Federal income taxes of $11,000 were withheld from their paychecks. (The tax year is 2022.) View
the standard deduction amounts. View the 2022 tax rate schedule for the Married filing_jointly
filing status. Requirement Compute the additional tax due or refund they have when filing their tax
return. Begin by computing their taxable income. (If an input field is not used in the table leave the
field empty; do not select a label or enter a zero. Enter a "0" for amounts with a zero balance. Use
parentheses or a minus sign to enter a loss.) Now compute their additional tax due or refund when
they file their tax return. (Use the 2022 tax rate schedule for all tax calculations. Do not round
intermediary calculations. Only round the amount you input in the cell to the nearest dollar. Enter a
refund with parentheses or a minus sign.)Now compute their additional tax due or refund when
they file their tax return. (Use the 2022 tax rate schedule for all tax calculations. Do not round
intermediary calculations. Only round the amount you input in the cell to the nearest dollar. Enter a
refund with parentheses or a minus sign.)Standard Deduction Amounts.
This PowerPoint helps students to consider the concept of infinity.
John and Georgia are married file jointly and have three d.pdf
1. John and Georgia are married, file jointly, and have three dependents (qualifying children ages
13,16 , and 18). They have salaries of $130,000, a capital loss of $8,000, and tax-exempt interest
income of $1,000. They paid home mortgage interest of $10,000, state income taxes of $4,000,
property taxes of $2,800, medical expenses of $3,000, and charitable contributions of $5,000.
Federal income taxes of $11,000 were withheld from their paychecks. (The tax year is 2022.) View
the standard deduction amounts. View the 2022 tax rate schedule for the Married filing_jointly
filing status. Requirement Compute the additional tax due or refund they have when filing their tax
return. Begin by computing their taxable income. (If an input field is not used in the table leave the
field empty; do not select a label or enter a zero. Enter a "0" for amounts with a zero balance. Use
parentheses or a minus sign to enter a loss.) Now compute their additional tax due or refund when
they file their tax return. (Use the 2022 tax rate schedule for all tax calculations. Do not round
intermediary calculations. Only round the amount you input in the cell to the nearest dollar. Enter a
refund with parentheses or a minus sign.)Now compute their additional tax due or refund when
they file their tax return. (Use the 2022 tax rate schedule for all tax calculations. Do not round
intermediary calculations. Only round the amount you input in the cell to the nearest dollar. Enter a
refund with parentheses or a minus sign.)Standard Deduction Amounts
