Register
Ethan's taxable income is $87,525. Use this tax schedule to calculate the total amount he owes in taxes
213k views
1 vote
Ethan's taxable income is $87,525. Use this tax schedule to calculate the total amount he owes in taxes

User Prunus Persica
by
8.5k points

2 Answers

3 votes

Answer:18,617.75

Explanation:

User Biggs
by
8.7k points
5 votes

$18,617.75 is the answer
$87,525-$77,100=$10,425 (the amount over $77,100)
$10,425 x .28=$2,919 (the 28% taxed amount over $77,100)
$2,919+$15,698.75 (the already taxed amount in the chart)=$18,617.75
User KorbenDose
by
7.7k points
← Prev Question Next Question →

Related questions

User Warz
asked Mar 24, 2017 216k views
Ethan's taxable income is $87,525. Use this tax schedule to calculate the total amount he owes in taxes.
Warz asked Mar 24, 2017
by Warz
8.1k points
2 answers
2 votes
216k views
User Naki
asked Mar 17, 2018 227k views
Ethan's taxable income is $87,525. Use this tax schedule to calculate the total amount he owes in taxes.
Naki asked Mar 17, 2018
by Naki
8.5k points
2 answers
4 votes
227k views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Write words to match the expression. 24- ( 6+3)
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
Link Copied!