Question

If Mary’s taxable income is $68,562, how much income tax does she owe, rounded to the nearest dollar?

Answer 1

$13,564 is the tax she owe

Answer 2

$13,369.

Explanation:

The taxable income is is the amount of income used to calculate individual taxes that have to be paid. The amount depends on different variables, like location, or if you're single or married.

Assuming that Mary is a single person, her taxes should be around 19-20%, which is approximately $13,369.