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A taxpayer, age 40, is married but files a separate return from his spouse. The taxpayer...

A taxpayer, age 40, is married but files a separate return from his spouse. The taxpayer is the noncustodial parent of his 8-year-old child. His wife has signed Form 8832 giving him the right to claim their daughter as a dependent. AGI is $130,580. Compute the taxable income and income tax liability.

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Answer #1

Married taxpayer file return sepratly with custodial a dependent.

AGI 130580

Less : Std deduction 9300

Taxable Income 121280

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