Question

Lynn is a single mother with two children. She qualifies to file as head of household. Her total income before deductions was $59.900 last year. Her total deductions were $17,340 which reduces her taxable income to $42,560. Her employer withheld $3,150 from her pay for tax. Using the tax tables linked herec, calculate how much more Lynn owes in taxes.

Answer 1

Income = 59,900

Deductions= 17,340

59900 - 17340= 42560

Also 42,560 - 3,150 = 39,410