Cheryl is single she goes part time to college and works, Ask an Expert

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Cheryl is single, she goes part time to college and works part time as a waitress. In 2015 her gross income was $13,400 in wages and $8,200 in tips. She received $100 in interest from a investment. She receives the Standard deduction amount as well as the personal exemption amount.

What is her Taxable income? Use 4.1.

Cheryl has $495 tax credit for college expenses under the America Opportunity Credit

What are her Taxes Due?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92054888

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