In: Accounting
Joely, age 35, is unmarried and has two qualifying dependents for whom she maintains a household for the entire year. Joely has an adjusted gross income of $65,000 and uses the standard deduction. Using the appropriate tax rate schedule, calculate Joely’s tax on her taxable income for 2019.
a. $3,936.00.
b. $5,321.00.
c. $5,598.00.
d. $6,121.50.