Mathematics, 08.02.2021 21:40, SCHOOLWORKZ3768
Drew is filing his tax return as single taxpayer. His taxable income is $39,000. Use the tax table provided to compute Drew's tax due and effective
tax rate.
Single Taxpayers: Income Brackets
Tax
Income
Tax Owed
Rate Bracket
10% O to 9,525 10% of taxable income
9,526 to $952.50 plus 12% of
12%
38,700 the excess over $9,525
38,701 to
14,453.50 plus 22% of
2296
the excess over
82,500
$38,700
82,501 to
$14,089.50 plus 24% of
24%
the excess over
157,500
$82,500
157,501 to
$32,089.50 plus 32% of
32%
200,000
the excess over
$157,500
200,001 to
$45,689.50 plus 35% of
35%
the excess over
500,000
$200,000
$150,689.50 plus 37%
37% > 500,000 of the excess over
$500,000
Drew's tax due is
and his effective tax rate is
Answers: 2
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