Marlene's taxable income is $95,000. Use this tax schedule to calculate the total amount she owes in taxes. A. 12,88.75 B. 17,90

Question

Jlenok [28]

2 years ago

9

Marlene's taxable income is $95,000. Use this tax schedule to calculate the total amount she owes in taxes. A. 12,88.75 B. 17,90

0.75 C. 20,710.75

Mathematics

1 answer:

zheka24 [161] · Answer 1 · 2022-01-02T08:54:28+03:00

The answer is C.

Since here taxable income is over $77,100 and below $160,850, her tax is $15,698.75 + [.28*($95,000 - $77,100)].

Tax = $15,698.75 + [.28*($17,900)].
= $15,698.75 + [$5012].
= $20,710.75

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