Mathematics, 08.10.2019 19:10 helplessstudent3
Mr. vasquez, a single adult, earned $40,000 in taxable income last year. use the rate table below to calculate how much he 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.
$10,000
$5928.75
$20,000
$17,890.50
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