Calculate the 2016 tax liability and the tax or refund due foreach situation:
a) Mark is single with no dependents and has a taxable income of$60,000. He has $10,700 withheld from his salary for the year.
b) Harry and Linda are married and have taxable income of$60,000. Harry has $5,250 withheld from his salary. Linda makesestimated tax payments totaling $3,000.
c) Aspra is single. His 20-year-old son, Calvin, lives with himthroughout the year. Calvin pays for less than one-half of hissupport and his earned income for the year is $3,000. Aspra paysall costs of maintaining the household. His taxable income is$60,000. Aspra’s withholdings total $9,600.
d) Randy and Raina are married. Because of marital discord, theyare not living together at the end of the year, although they arenot legally separated or divorced. Randy’s taxable income is$25,000, and Raina’s is $60,000. Randy makes estimated tax paymentsof $3,500, and Raina has $9,500 in tax withheld from hersalary.
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