Problem 4: Calculate Tax Liability Andrew Golden works as a personal secretary for...

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Accounting

Problem 4: Calculate Tax Liability
Andrew Golden works as a personal secretary for Jackson Worldwide. During 2023 he reports taxable income of $200,000 which includes the following sources:
$140,000 of wage income
$50,000 of self-employment income from his side-job as a boomer consultant.
$10,000 in long-term capital gains.
Andrew is unmarried for the entire year and maintained a household for his older nephew Godfrey who worked as a Tik-Tok influencer and qualifies as Andrew's dependent.
Required: What is Andrew's total tax liability for 2023?
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