Question

Ms. Kilo is an unmarried individual. She has $219,344 taxable income in 2018. Compute Ms. Kilo's regular tax liability if she files as a single taxpayer and if she files as a surviving spouse.

Answer 1

answer:

For calculating tax liability we need to consider following structure:

If you’re single and:

Your total taxable income is:	Your taxes are:
$0 - $9,700	10% of your taxable income
$9,701 - $39,475	$970 plus 12% of any income you made above $9,700
$39,476 - $84,200	$4,543.50 plus 22% of any income you made above $39,475
$84,201 - $160,725	$14,382.50 plus 24% of any income you made above $84,200
$160,7265 - $204,100	$32,748.50 plus 32% of any income you made above $160,725
$204,101 - $510,300	$46,628.50 plus 35% of any income you made above $204,100
$510,301+	$153,798.50 plus 37% of any income you made above $510,300

If you’re married and file a joint income tax return with your spouse and:

Your total taxable income is:	Your taxes are:
$0 - $19,400	10% of your taxable income
$19,401 - $78,950	$1,940 plus 12% of any income you made above $19,400
$78,951 - $168,400	$9,086 plus 22% of any income you made above $78,950
$168,401 - $321,450	$28,765 plus 24% of any income you made above $168,400
$321,451- $408,200	$65,497 plus 32% of any income you made above $321,450
$408,201 - $612,350	$93,257 plus 35% of any income you made above $408,200
$612,351+	$164,709.50 plus 37% of any income you made above $612,350

Ms Kilo's taxable income is $219344
Tax liability for single taxpayer
$46,628.50 plus 35% of any income you made above $204,100
hence,
	$ 46,628.50
Add	$    5,335.40
Total Tax liabity	$ 51,963.90
Tax liability for Married taxpayer
$28,765 plus 24% of any income you made above $168,400
hence,
	$ 28,765.00
Add	$ 12,226.56
Total Tax liabity	$ 40,991.56