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Mathematics, 12.12.2020 16:30 cathyjuan
Drew is filing his tax return as single taxpayer. His taxable income is $39,000. Use the tax table provided to compute Drews tax due and effective
tax rate.
Single Taxpayers: Income Brackets
Income
Rate Bracket
Tax
Tax
Owed
10%
oto 9,525
9,520
|38,700
38,701 to
82.500
10% of taxable income
$952.50 plus 12% of
the excess over $9,525
$4,453.50 plus 22% of
the excess over
129%
226
$38,700
$14,089.50 plus 24% of
the excess over
$82,500
$32,089.50 plus 32% of
the excess over
$157,500
82.501 to
1500
24%
157.501 to
200,000
329%
$45,689.50 plus 35% of
200,001 to
500,000
256
the excess over
$200,000
$150.689.50 plus 37%
f the eycess over
379%
> 500,000
$500.000
Drews tax due is
B. and his effective tax rate is
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Drew is filing his tax return as single taxpayer. His taxable income is $39,000. Use the tax table p...
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