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Mathematics, 23.02.2020 09:36 gg68814

Ethan's taxable income is $87,525. Use this tax schedule to calculate the total amount he owes in taxes.
The tax is:
If taxable
Income is over-
But not
over-
$0
$7,825
S7,825
$31,850
$31,850
$77,100
$77,100
$160,850
10 percent of the
amount over $0
$782.50 plus 15 percent
of the amount over
7,825
$4,386.25 plus 25
percent of the amount
over 31,850
$15.698.75 plus 28
percent of the amount
over 77,100
$39,148.75 plus 33
percent of the amount
over 160,850
$101,469.25 plus 35
percent of the amount
over 349.700
$160,850
$349,700
$349,700
no limit
A
$10.425.75

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Answers: 3

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