Estimate her taxable income-tax liability and tax refund

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Reference no: EM131352273

Mary Parker is 24 years of age, single, lives in an apartment, and has no dependents. Last year she earned $68, 700 sales assistant for Tl in Dallas. $5, 250 of her wages were withheld for Federal Incomes taxes. In addition, she had interest income from a CD of $962. Estimate her taxable income, tax liability, and tax refund/owed. (Look in your text for the tax schedules and standard deductions).

Reference no: EM131352273

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Estimate her taxable income-tax liability and tax refund : Mary Parker is 24 years of age, single, lives in an apartment, and has no dependents. Last year she earned $68, 700 sales assistant for Tl in Dallas. $5, 250 of her wages were withheld for Federal Incomes taxes. In addition, she had interest income f..

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