2007 Federal Income Tax Table Single:
But not over
The tax is
Over
$0
$7,825
10% of the amount over $0
$7,825
$31,850
$788 + 15% of the amount over $7,825
$4,386 + 25% of the amount over $31,850
$31,850
$77,100
$77,100
$160,850
$15,699 + 28% of the amount over $77.100
$160,850 $349,700
$349.700 And Over
$39,149 + 3% of the amount over $160,850
$101,469 + 35% of the amount over $349,700
Ed Employee had $170,000 in taxable income. What was his tax?
$56,100
$47,600
$39.149.00
$42.168.50