Maria Contrerras earned $53,000 in taxable income. She figured her tax from the single taxpayer table above. 1. Find her earned

Question

Maria Contrerras earned $53,000 in taxable income. She figured her tax from the single taxpayer table above.

1. Find her earned income level.

2. Entered the base amount. = $

3. Found the amount over $ = $

4. Multiplied line 3 by 25% = $

5. Added Lines 2 and 4 = $

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Cherry 5 months 2021-09-02T06:49:59+00:00 1 Answers 0 views 0

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    2021-09-02T06:50:59+00:00

    Answer:

    Tax= $ 7,173.5

    Step-by-step explanation:

    Her taxable income is $ 43,000 which lies in the tax category $ 31,850 to

    $ 77,100.

    Tax for $ 31,850 is $ 4,386

    Plus 25% of the amount = ( $ 43,000- $ 31,850 )= $ 11,150 over

    25 % of $ 11,150= $ 2,787.5

    Total Tax= $ 4386 + $ 2787.5= $ 7,173.5

    Step-by-step explanation:

    yes

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