Ethan's taxable income is $87,525. use this tax schedule to calculate the total amount he owes in taxes.
if taxable
income is over-
but not
over-
the tax is:
so
$7,825
$7,825
$31,850
$31,850
$77.100
$77,100
$160,850
10 percent of the
amount over so
5782.50 plus 15 percent
of the amount over
7.825
$4,386.25 plus 25
percent of the amount
over 31,850
$15,698.75 plus 28
percent of the amount
over 77.100
539,148.75 plus 33
percent of the amount
over 160,850
$101,469.25 plus 35
percent of the amount
over 349,700
$160,850
$349,700
s349,700
no limit