Answers
a) Filing status for Angela for year 2020 is Qualifying Widower since her husband died in the previous year & her son is dependent on her for his livelihood.
b) The amount of realizable income for angela for 2020 is:
Total salary earned during the year+interest earned from municipal bond+interest earned from us treasury bil
i.e. 175000+200+300 = $ 175500/-
c) Total salary income, interest earned from municipal bond & interest earned from US treasury bill will be included in the total gross income of angela in 2020.
d)If gross income of Ms Angela is $ 182000, then total tax & since she is a qualifying widower, she will get a standard deduction of $ 24400.
Total taxable income is 182000-24400
= $ 157600
Total tax due for 2020 is 22% of 157600 i.e. $ 34672/-
.