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?