How much will he pay in taxes

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Reference no: EM132165909

Question - An unmarried student earned 14,500 during the year. When he files an income tax return, he will be allowed one exemption (for himself). He estimates that he spent $900 on allowable itemized deductions. Using the info that a standard deduction for an individual is $6300 and personal exemptions are $4000 and using the Tax Rate for Single Taxpayers how much will he pay in taxes?

a) 1450

b) 500

c) 420

d) 960

e) 1890

Reference no: EM132165909

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