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4 October, 21:27

phillip is married, filling jointly, with an AGI of $49,432. He is claimed two exemptions of $16400 and deduction of $2047. what is his tax due

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  1. 5 October, 01:14
    0
    tax due is $3916

    Step-by-step explanation:

    given data

    AGI = $49,432

    exemptions = $16400

    deduction = $2047

    to find out

    what is his tax due

    solution

    we know tax due is here express as

    income = AGI - exemptions + deduction ... 1

    income = $49432 - $16400 + $2047

    income = $30985

    now we will check in tab for Married Filing Jointly tax refer

    check between amount 30950 and 31000

    tax is $3916

    so tax due is $3916
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