Review the federal income tax table.
Single
If Taxable income is between:
Then the Tax...
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Mathematics, 05.08.2021 19:50 Annabel9554
Review the federal income tax table.
Single
If Taxable income is between:
Then the Tax Due Is:
$0 – $9700
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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