Question

Select the correct answer.

What would be the tax amount to be paid on $22,000 taxable income according to the marginal tax rate (tax rate below $9,225 is 10%, and between $9226 and $37,450 is 15%)?

A: $2536.50
B: $3123.25
C: $2838.75
D: $1225.25

Answer 1

I'd go with B because it's closest, not sure if some context is missing to get an exact answer....

Explanation:

22000 falls in the 15% tax rate bracket

Tax=income•rate

Tax=22000•(15/100)

Tax=3300

Answer 2

The answer is C

Explanation: