We appreciate your visit to Trudy s taxable income last year was tex 99 650 tex According to the tax table below how much tax does she have to pay. This page offers clear insights and highlights the essential aspects of the topic. Our goal is to provide a helpful and engaging learning experience. Explore the content and find the answers you need!
Answer :
To determine how much tax Trudy has to pay on her taxable income of [tex]$99,650, we need to consult the tax table provided for someone with the Single filing status.
1. Locate the Correct Income Bracket:
First, we need to find where Trudy's income of $[/tex]99,650 falls within the tax table brackets. According to the table, [tex]$99,650 fits within the bracket of $[/tex]99,600 to [tex]$99,700. This means her taxable income is between $[/tex]99,600 and [tex]$99,700.
2. Identify the Tax Amount:
For the Single filing status, the tax corresponding to the income bracket of $[/tex]99,600 to [tex]$99,700 is explicitly given. In this case, the tax amount is $[/tex]21,629.
Therefore, Trudy must pay [tex]$21,629 in taxes for her taxable income of $[/tex]99,650 under the Single filing status.
1. Locate the Correct Income Bracket:
First, we need to find where Trudy's income of $[/tex]99,650 falls within the tax table brackets. According to the table, [tex]$99,650 fits within the bracket of $[/tex]99,600 to [tex]$99,700. This means her taxable income is between $[/tex]99,600 and [tex]$99,700.
2. Identify the Tax Amount:
For the Single filing status, the tax corresponding to the income bracket of $[/tex]99,600 to [tex]$99,700 is explicitly given. In this case, the tax amount is $[/tex]21,629.
Therefore, Trudy must pay [tex]$21,629 in taxes for her taxable income of $[/tex]99,650 under the Single filing status.
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