Question

12. Monica is an unmarried college student with no dependents. Last year, she

Answer 1

The tax bracket that Monica falls partly into is the $0 - $9,950 bracket. This is because her taxable annual earnings after is less than $9,950. hence she will be paying 10% of what's taxable.

What is a Tax Bracket?

A tax bracket is a tax group into which a person falls into depending on their annual income, number of dependents, and marital status.

It is important to know that tax brackets are reviewed from time to time.

Learn more about Tax Brackets at:

brainly.com/question/24102952

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