(Solved): Gail and her husband have a son when her husband dies unexpectedly on January 1, 2021. Gail asks y ...

Gail and her husband have a son when her husband dies unexpectedly on January 1, 2021. Gail asks you, her tax professional, how her husband's death affects her taxes. (Click the icon to view the standard deduction amounts.) (Click the icon to view the 2021 tax rate schedules.) Read the requirements. Requirement a. Determine Gail's income tax each year from 2021 through 2025 , assuming her only income is her \( \$ 150,000 \) annual salary, her itemized deductions are \( \$ 24,000 \) annually (none of which are charitable contributions), and she has not remarried. Assume also that the tax rate schedules and standard deduction amounts for 2021 also apply in subsequent years. The son was born on April 15, 2008, is Gail's dependent each year, and lives with Gail for all of each year. (Use the 2021 tax rate schedule for all tax calculations. Do not round intermediary calculations. Only round the amount you enter in the input field to the nearest whole dollar.) \begin{tabular}{lll} \hline Adjusted gross income & 2021 & 2022 \\ \hline Minus: Greater of standard or itemized deductions \\ \hline Taxable income \\ Gross tax \\ \hline Minus: Credit for child or other dependent \\ Net tax \end{tabular} STANDARD DEDUCTION Filing Status Married individuals filing joint returns and surviving spouses Heads of households Unmarried individuals (other than surviving spouses and heads of households) Married individuals filing separate returns Additional standard deduction for the aged and the blind; Individual who is married and surviving spouses \( \$ 1,350^{*} \) Additional standard deduction for the aged and the blind; Individual who is unmarried and not a surviving spouse \( \$ 1,700 \) * Taxpayer claimed as dependent on another taxpayer's return: Greater of (1) earned income plus \( \$ 350 \) or (2) \( \$ 1,100 \). \( { }^{*} \) These amounts are \( \$ 2,700 \) and \( \$ 3,400 \), respectively, for a taxpayer who is both aged and blind. Single If taxable income is: The tax is: Not over \( \$ 9,950 \) \( .10 \% \) of taxable income. Over \( \$ 9,950 \) but not over \( \$ 40,525 \) \( \ldots \ldots 995.00+12 \% \) of the excess over \( \$ 9,950 \). Over \( \$ 40,525 \) but not over \( \$ 86,375 \) \( \ldots \$ 4,664.00+22 \% \) of the excess over \( \$ 40,525 \). Over \( \$ 86,375 \) but not over \( \$ 164,925 \) \( \ldots \$ 14,751.00+24 \% \) of the excess over \( \$ 86,375 \). Over \( \$ 164,925 \) but not over \( \$ 209,425 \quad \ldots \$ 33,603.00+32 \% \) of the excess over \( \$ 164,925 \). Over \( \$ \mathbf{2 0 9 , 4 2 5} \) but not over \( \$ \mathbf{5 2 3 , 6 0 0} \quad \ldots \$ 47,843.00+35 \% \) of the excess over \( \$ 209,425 \). Over \( \$ \mathbf{5 2 3 , 6 0 0} \) \( . \$ 157,804.25+37 \% \) of the excess over \( \$ 523,600 \). Married, Filing Joint and Surviving Spouse If taxable income is: The tax is: Not over \( \$ 19,900 \) \( 10 \% \) of taxable income. Over \( \$ 19,900 \) but not over \( \$ 81,050 \) \( \ldots \ldots 1,990.00+12 \% \) of the excess over \( \$ 19,900 \). Over \( \$ 81,050 \) but not over \( \$ 172,750 \) \( \ldots \$ 9,328.00+22 \% \) of the excess over \( \$ 81,050 \). Over \( \$ 172,750 \) but not over \( \$ 329,850 \) \( \ldots \$ 29,502.00+24 \% \) of the excess over \( \$ 172,750 \). Over \( \$ 329,850 \) but not over \( \$ 418,850 \quad \ldots \$ 67,206.00+32 \% \) of the excess over \( \$ 329,850 \). Over \( \$ 418,850 \) but not over \( \$ \mathbf{\$ 2 8 , 3 0 0} \quad \ldots \$ 95,686.00+35 \% \) of the excess over \( \$ 418,850 \). Over \( \$ \mathbf{6 2 8 , 3 0 0} \) \( . \$ 168,993.50+37 \% \) of the excess over \( \$ 628,300 \). Head of Household If taxable income is: The tax is: Not over \( \$ 14,200 \) \( 10 \% \) of taxable income. Over \( \$ 14,200 \) but not over \( \$ 54,200 \) \( . \$ 1,420.00+12 \% \) of the excess over \( \$ 14,200 \). Over \( \$ 54,200 \) but not over \( \$ 86,350 \) \( . \$ 6,220.00+22 \% \) of the excess over \( \$ 54,200 \). Over \( \$ 86,350 \) but not over \( \$ 164,900 \) \( \ldots \$ 13,293.00+24 \% \) of the excess over \( \$ 86,350 \). Over \( \$ 164,900 \) but not over \( \$ 209,400 \) \( \ldots \$ 32,145.00+32 \% \) of the excess over \( \$ 164,900 \). Over \( \$ 209,400 \) but not over \( \$ 523,600 \) \( \ldots \$ 46,385.00+35 \% \) of the excess over \( \$ 209,400 \). Over \( \$ 523,600 \) \( . \$ 156,355.00+37 \% \) of the excess over \( \$ 523,600 \).