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-
the tax is:
but not
over-
so
$7,825
$31,850
$77,100
$7,825 10 percent of the
amount over so
$31,850 $782.50 plus 15 percent
of the amount over
7,825
$77,100 $4,386.25 plus 25
percent of the amount
over 31,850
$160,850 $15.698.75 plus 28
percent of the amount
over 77.100
$349,700 s39,148.75 plus 33
percent of the amount
over 160,850
no limit s101,469.25 plus 35
percent of the amount
over 349,700
$160,850
s349,700
a $10,425.75
b. $18,617.75
c. $26.123.75
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