2007 Federal Income Tax Table
Single:
Over
But not over
The tax is
$0
...
Mathematics, 07.04.2021 22:20 nurikchan
2007 Federal Income Tax Table
Single:
Over
But not over
The tax is
$0
$7.825
10% of the amount over $0
$7.825
$31.850
$788 + 15% of the amount over $7,825
$31,850
$77.100
$4,386 + 25% of the amount over $31.850
$77.100
$160.850
$15,699 + 28% of the amount over $77.100
$160.850 $349.700
$39.149 + 33% of the amount over $160,850
$349.700 And Over
$101.469 + 35% of the amount over $349.700
John Myers had $49.000 in taxable income. He figured his tax from the tax schedule:
1. Found his earned Income level.
2. Entered the base amount = $4.386
3. Found the amount over $31.850 =
4. Multiplied line 3 by 25% =
5. Added Lines 2 and 4 =
Answers: 3
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