Carol uses this graduated tax schedule to determine how much income tax she owes.
if tax...
Mathematics, 11.02.2020 04:20 Uc34758
Carol uses this graduated tax schedule to determine how much income tax she owes.
if taxable income is over. But not over
The tax is:
50
57 825 10% of the amount over 50
57 825
$31.850 5782 50 plus 15% of the amount over 7825
$31.850
564 250 54 386 25 plus 25% of the amount over 31.850
564 250
$97.925
$12.486 25 plus 28% of the amount over
64.250
597.925
$174 850
$21.915 25 plus 33% of the amount over
97 925
5174850
no limit
547 300.50 plus 35% of the amount over
174 850
If Carol's taxable income is $89,786, how much income tax does she owe, to the nearest dollar?
a $25,140
b. $12,654
c. $19,636
d. 27 626
Answers: 3
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