2007 Federal Income Tax Table
Single:
Over
But not over
The tax is
$0
...
Mathematics, 09.06.2021 21:40 kendalljanae
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
E
$349,700 And Over
$101,469 + 35% of the amount over $349,700
Mary Hernandez earned $43,000 in taxable income. She figured her tax from the single taxpayer table above.
1. Find her earned income level.
2. Entered the base amount. = $ 7,173.50
3. Found the amount over $
$
4. Multiplied line 3 by 25% = $ 4,386.00
Answers: 2
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