Expects an adjusted gross income

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Reference no: EM131810248

An unmarried taxpayer with no dependents expects an adjusted gross income of $70,000 in a given year. His nonbusiness deductions are expected to be $6000.

(a) What will his federal income tax be?

(b) He is considering an additional activity expected to increase his adjusted gross income. If this increase should be $16,000 and there should be no change in nonbusiness deductions or exemptions, what will be the increase in his federal income tax?

Reference no: EM131810248

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