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Mathematics, 13.03.2021 14:00 leo4687

Single If Taxable Income Is Between: Then the Tax Due Is: $0 - $9700 10% of taxable income $9701 - $39,475 $970+12% of the amount over $9700 $39,476 - $84,200 $4543+22% of the amount over $39,475 $84,201 - $160,725 $14,382.50+24% of the amount over $84,200 $160,726 - $204,100 $32,748.50+32% of the amount over $160,725 $204,101 - $510,300 $46,628.50+35% of the amount over $204,100 $510,301+ $153,798.50+37% of the amount over $510,300 In a year, Ivan earns $10,000 in taxable income from his part-time job. Using the above table, how much federal income tax does Ivan owe?

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Single If Taxable Income Is Between: Then the Tax Due Is: $0 - $9700 10% of taxable income $9701 - $...
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