Use this tax table to find how much tax you need to pay on a taxable income of $40,000.
The ta...
Mathematics, 05.05.2020 15:26, 1thousandwishes
Use this tax table to find how much tax you need to pay on a taxable income of $40,000.
The tax is:
If taxable
income is over-
But not
over--
$0
$7.825
$7,825
$31,850
$31,850
$77,100
10 percent of the
amount over SO
$782.50 plus 15 percent
of the amount over
7,825
$4,386.25 plus 25
percent of the amount
over 31,850
$15,698.75 plus 28
percent of the amount
over 77,100
$39,148.75 plus 33
percent of the amount
over 160,850
$77,100
$160,850
$160,850
$349,700
S349,700
no limit
$101,469.25 plus 35
percent of the amount
over 349,700
OA $6,423.75
B. $8,150.50
C. $12,536.25
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