In 2018, Richard, a single taxpayer, has adjusted gross income of $40,200. His AGI includes $4,000 of qualified dividends. Richard does not itemize deductions. What is his 2018 federal income tax?
A. $3,314
B. $2,714
C. $3,194
D. None of the above.
Answer: B
You might also like to view...
If a company constructs an asset over a period of time and borrows money, the amount of interest incurred during construction on the borrowed money is
a. capitalized as part of the cost of the plant asset. b. amortized over the construction period. c. reported as interest expense on the income statement. d. reported as depletion on the income statement.
In Microsoft Word 2010, spellcheck is designed to detect lapses suchas adopt for adapt and there for their
Indicate whether the statement is true or false
Employers often match employee contributions to 401k savings plans
Indicate whether the statement is true or false.
The characters and the names of a television show may be registered as collective marks
a. True b. False Indicate whether the statement is true or false