Mathematics, 29.09.2021 18:30 aileenzerr9664
On his federal income tax return, Benito Silva, a single taxpayer, reported income from wages, $27,820; tips, $5,495; and interest earned, $1,466. Benito had these adjustments to income: payments to a retirement plan, $2,000; penalty for early with-drawal of savings, $19. His employer withheld $3,985 from his pay for federal income tax. Benito claims the standard deduction of $5,450 and an exemption of $3,500.
23. What was Benito's gross income?
24. Find the total of his adjustments to income.
25. Find Benito's adjusted gross income.
26. What was his taxable income?
27. What is his amount of tax due?
28. Does he owe or get a refund? How much?
Answers: 2
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On his federal income tax return, Benito Silva, a single taxpayer, reported income from wages, $27,8...
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