The taxpayer's spouse died at the beginning of 2010. He has no qualifying child. Which status should the taxpayer select when filing his tax return for 2011?
A. Single
B. Married Filing Separately
C. Married Filing Jointly
D. Qualifying Widow(er)
is it D
2. The tax liability for a married couple with taxable income of $87,312 is:
A. $18,068.
B. $16,599.
C. $14,081.
D. $14,078.
is it C
Yes, you are correct.
For the first question, the taxpayer should select option D - Qualifying Widow(er) as the spouse died at the beginning of 2010 and the taxpayer is not eligible for any other filing status.
For the second question, the tax liability for a married couple with taxable income of $87,312 is C. $14,081.
1. To determine the correct filing status when the taxpayer's spouse died at the beginning of 2010 and there are no qualifying children, we need to refer to the IRS guidelines. In this situation, for the tax return filed in 2011, the taxpayer can choose the status of "Qualifying Widow(er)" (option D) if they meet certain criteria. These criteria include being eligible to file a joint return in the year of their spouse's death, not having remarried, and providing financial support to a dependent child. If the taxpayer does not meet these criteria, they would typically choose the "Single" (option A) filing status.
2. To calculate the tax liability for a married couple with taxable income of $87,312, we need to refer to the tax brackets and rates set by the IRS for that particular tax year. These rates change each year, so we need to know the specific year for an accurate calculation. Assuming the tax year is 2021, the correct answer would be option B. However, without knowing the exact tax year, we can't determine the correct tax liability. To find the answer, you can refer to the IRS tax tables or use tax software to calculate the tax liability based on the applicable rates and brackets for the given year.