gene is single and had an adjusted gross income of $31,900. use the given tax table to complete parts (a)…

gene is single and had an adjusted gross income of $31,900. use the given tax table to complete parts (a) through (d). tax rate single married filing jointly married filing separately head of household 10% up to $9950 up to $19,900 up to $9950 up to $14,200 12% up to $40,525 up to $81,050 up to $40,525 up to $54,200 22% up to $86,375 up to $172,750 up to $86,375 up to $86,350 24% up to $164,925 up to $329,850 up to $164,925 up to $164,900 32% up to $209,425 up to $418,850 up to $209,425 up to $209,400 35% up to $523,600 up to $628,300 up to $314,150 up to $523,600 37% above $523,600 above $628,300 above $314,150 above $523,600 standard deduction $12,550 $25,100 $12,550 $18,800 a. determine the persons taxable income. assume the standard deduction. the taxable income is $□. (simplify your answer.)

gene is single and had an adjusted gross income of $31,900. use the given tax table to complete parts (a) through (d). tax rate single married filing jointly married filing separately head of household 10% up to $9950 up to $19,900 up to $9950 up to $14,200 12% up to $40,525 up to $81,050 up to $40,525 up to $54,200 22% up to $86,375 up to $172,750 up to $86,375 up to $86,350 24% up to $164,925 up to $329,850 up to $164,925 up to $164,900 32% up to $209,425 up to $418,850 up to $209,425 up to $209,400 35% up to $523,600 up to $628,300 up to $314,150 up to $523,600 37% above $523,600 above $628,300 above $314,150 above $523,600 standard deduction $12,550 $25,100 $12,550 $18,800 a. determine the persons taxable income. assume the standard deduction. the taxable income is $□. (simplify your answer.)

Answer

Explanation:

Step1: Identify relevant information

Gene is single with AGI = $31,900, single - standard deduction = $12,550.

Step2: Calculate taxable income

Taxable income=Adjusted Gross Income - Standard Deduction. So, $31900 - 12550$. $31900-12550 = 19350$

Answer:

$19350$