In February of 2018, Lorna and Kirk were married. During 2019, Lorna received $40,000 of compensation from her employer and Kirk received $30,000 of compensation from his employer. The couple together reported $2,000 of itemized deductions. Lorna and Kirk filed separately in 2019. What is Lorna's taxable income and what is her tax liability? (Use the applicable tax rate schedule and round your answer to the nearest whole number.)
What will be an ideal response?
Taxable income is $27,800 ($40,000 ? $12,200 standard deduction) Tax liability is $3,142 [$970 + 12% × (27,800 ? 9,700)].
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