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hjlf
2 years ago
5

Ms. Lee, a single adult, earned $65,000 in taxable income last year. Use the rate table below to calculate how much she must pay

in income taxes? 2013 U.S. Federal Income Tax Rates for Single Adults 10% on taxable income from $0 to $8,925, plus 15% on taxable income over $8,925 to $36,250, plus 25% on taxable income over $36,250 to $87,850, plus 28% on taxable income over $87,850 to $183,250, plus 33% on taxable income over $183,250 to $398,350, plus 35% on taxable income over $398,350 to $400,000, plus 39.6% on taxable income over $400,000.
Mathematics
1 answer:
blagie [28]2 years ago
7 0
So Ms. Lee earned 65,000..
federal income tax rates for single adults is 10% on taxable income from 0 to 8925......0.10(8925) = 892.50

65000 - 8925 = 56075

plus 28% because 56075 falls in the range of income over 36250 to 87850
0.28(56075) = 15701

for a total tax of : 15701 + 892.50 = 16593.50 <== I think


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