Review the federal income tax table.
Single
If Taxable income is between:
Then the Tax...
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Mathematics, 24.05.2021 07:10 dlasheab
Review the federal income tax table.
Single
If Taxable income is between:
Then the Tax Due Is:
$0 - 59700
10% of taxable income
$9701 - $39,475
$970+12% of the amount over $9700
$39,476 - $84.200
$4543+22% of the amount over $39,475
$84.201 - $160.725
$14.382.50+24% of the amount over $84,200
$ 160,726 - $204,100
$32,748.50+32% of the amount over $160.725
$204,101 - $510.300
$46.628.50+35% of the amount over $204.100
$153.798.50+37% of the amount over $510.300
$510.301+
Mustafa earned $95,000 in taxable income in a year from his job as a software developer How much federal income tax
does he owe? Enter your answer as a number rounded to the nearest cent such as: $42, 536.47
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