We appreciate your visit to Select the amount of income tax due for a single person with a taxable income of tex 57 620 tex tex begin array c c. 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 the amount of income tax due for a single person with a taxable income of [tex]$57,620 based on the provided tax table, you'll need to follow these steps:
1. Identify the Income Range: Look at the table and find where the taxable income of $[/tex]57,620 fits. The table is divided into various income ranges with specific amounts of tax due for each range.
2. Check the Tax Brackets: The table has entries that specify ranges between [tex]$57,000 and $[/tex]57,600, but you need to see if [tex]$57,620 falls into any of these specific ranges.
3. Locate the Bracket: According to the table, it covers taxable income up to $[/tex]57,600. Since [tex]$57,620 is above $[/tex]57,600, it does not fall into any of these ranges provided in the table.
4. Determine Tax Amount: Since [tex]$57,620 falls outside the defined range in the table, we conclude that the income is not included within these specified values. Therefore, the amount of tax cannot be determined directly from the given table for this specific income.
In summary, the taxable income of $[/tex]57,620 is not covered within the provided specific ranges in the table, hence the income tax due for this amount according to the table is not available.
1. Identify the Income Range: Look at the table and find where the taxable income of $[/tex]57,620 fits. The table is divided into various income ranges with specific amounts of tax due for each range.
2. Check the Tax Brackets: The table has entries that specify ranges between [tex]$57,000 and $[/tex]57,600, but you need to see if [tex]$57,620 falls into any of these specific ranges.
3. Locate the Bracket: According to the table, it covers taxable income up to $[/tex]57,600. Since [tex]$57,620 is above $[/tex]57,600, it does not fall into any of these ranges provided in the table.
4. Determine Tax Amount: Since [tex]$57,620 falls outside the defined range in the table, we conclude that the income is not included within these specified values. Therefore, the amount of tax cannot be determined directly from the given table for this specific income.
In summary, the taxable income of $[/tex]57,620 is not covered within the provided specific ranges in the table, hence the income tax due for this amount according to the table is not available.
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