Mathematics, 14.02.2021 01:10 tahlialafaye

2007 Federal Income Tax Table Single:
Over But not over The tax is
$0 $7,825 10% of the amount over $0
$7,825 $31,850 $788 + 15% of the amount over $7,825
$31,850 $77,100 $4,386 + 25% of the amount over $31,850
$77,100 $160,850 $15,699 + 28% of the amount over $77,100
$160,850 $349,700 $39,149 + 33% of the amount over $160,850
$349,700 And Over $101,469 + 35% of the amount over $349,700
Tim Tradesman had a taxable income of $82,500. He figured his tax from the table above.

1. Find his earned income level.

2. Entered the base amount. = $

3. Found the amount over $ = $

4. Multiplied line 3 by % = $

5. Added Lines 2 and 4 = $

Answers: 1

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2007 Federal Income Tax Table Single:
Over But not over The tax is
$0 $7,825 10% of th...