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Answer :
To determine how much tax Jarth needs to pay with a taxable income of [tex]$97,450 under the Single status, we use the tax table provided.
1. Identify the appropriate income range:
- We need to find where $[/tex]97,450 fits in the tax brackets. According to the tax table, the range that includes [tex]$97,450 is from $[/tex]97,450 to [tex]$97,500.
2. Locate the tax amount for the Single status:
- Within this range of $[/tex]97,450 to [tex]$97,500, the tax for someone filing as Single is specified in the table.
3. Conclusion:
- The tax Jarth needs to pay, given his income, is $[/tex]21,013.
These steps help us identify the appropriate tax bracket and the corresponding tax amount Jarth owes.
1. Identify the appropriate income range:
- We need to find where $[/tex]97,450 fits in the tax brackets. According to the tax table, the range that includes [tex]$97,450 is from $[/tex]97,450 to [tex]$97,500.
2. Locate the tax amount for the Single status:
- Within this range of $[/tex]97,450 to [tex]$97,500, the tax for someone filing as Single is specified in the table.
3. Conclusion:
- The tax Jarth needs to pay, given his income, is $[/tex]21,013.
These steps help us identify the appropriate tax bracket and the corresponding tax amount Jarth owes.
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