Answer:
His tax liability for 2019 (due April 2020) is $23,359.50
Explanation:
Since Robert s a single filer, he falls under the fourth tax bracket: income between $84,201 to $160,725. His marginal tax rate is 24%, and his total taxes due are as following:
<u>tax rate</u>         <u>earnings</u>                          <u>taxes due</u>
10%            $0 – $9,875                        $987,50
12%         $9,875 – $40,125                  $3,630
22%        $40,126 – $85,525                $9,988
24%        $85,526 – $122,000              $8,754
                     total                              $23,359.50       
*Option C is the closest one, but it used the 2018 tax brackets, not the 2019.