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Answer :
To determine how much tax Trudy has to pay with her taxable income of [tex]$99,650, we need to refer to the provided tax table for the Single status.
1. Identify the Income Range:
- Trudy's taxable income is $[/tex]99,650.
- Look at the tax table to find the range that includes [tex]$99,650.
2. Tax Table Analysis:
- The relevant portion of the tax table is as follows:
- $[/tex]99,600 to [tex]$99,650: Tax is $[/tex]21,615
- [tex]$99,650 to $[/tex]99,700: Tax is [tex]$21,629
- Here, $[/tex]99,650 falls into the range [tex]$99,650 to $[/tex]99,700.
3. Determine the Tax Amount:
- For incomes in the range of [tex]$99,650 to $[/tex]99,700, the tax amount is [tex]$21,629.
Thus, Trudy has to pay $[/tex]21,629 in taxes based on her taxable income of $99,650 under the Single status.
1. Identify the Income Range:
- Trudy's taxable income is $[/tex]99,650.
- Look at the tax table to find the range that includes [tex]$99,650.
2. Tax Table Analysis:
- The relevant portion of the tax table is as follows:
- $[/tex]99,600 to [tex]$99,650: Tax is $[/tex]21,615
- [tex]$99,650 to $[/tex]99,700: Tax is [tex]$21,629
- Here, $[/tex]99,650 falls into the range [tex]$99,650 to $[/tex]99,700.
3. Determine the Tax Amount:
- For incomes in the range of [tex]$99,650 to $[/tex]99,700, the tax amount is [tex]$21,629.
Thus, Trudy has to pay $[/tex]21,629 in taxes based on her taxable income of $99,650 under the Single status.
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