Use this tax table to find how much tax you need to pay on a taxable income of $40,000.
If tax...
Mathematics, 24.05.2020 01:00 furryartist554
Use this tax table to find how much tax you need to pay on a taxable income of $40,000.
If taxable
income is over-
The tax is:
But not
over-
SO
S7,825
$31,850
$77,100
$7,825 10 percent of the
amount over SO
S31.850 $782.50 plus 15 percent
of the amount over
7,825
$77,100 S4,386.25 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 $39,148.75 plus 33
percent of the amount
over 160,850
$101,469.25 plus 35
percent of the amount
over 349,700
S160,850
$349,700
no limit
A.
$6,423.75
B.
$8,150.50
C.
$12,536.25
Answers: 1
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