If you order your assignment right now, you will be eligible for a great discount.

Mr. Smith, a resident of New York City, is self-employed as a freelance graphic

Mr. Smith, a resident of New York City, is self-employed as a freelance graphic

Mr. Smith, a resident of New York City, is self-employed as a freelance graphic designer. In the tax year 2023, he earned $75,000 in gross income from his freelance work. He also had $10,000 in deductible business expenses. Mr. Smith is wondering about his federal income tax liability for the year. Calculate Mr. Smith’s federal income tax liability for the tax year 2023, assuming he has no other sources of income or deductions.
Please provide the calculation and the final tax liability amount.

Default image
admin
Articles: 24945

Quick Quote

QUICK QUOTE