116k views
2 votes
Calculate the tax for each taxable income of a head of household ​

User Sheray
by
7.1k points

1 Answer

3 votes

Answer:

The tax for each taxable income of a head of household depends on the tax rate that applies to that income and the applicable deductions and credits available to the taxpayer. The tax rate applied to a taxpayer's income depends on the taxpayer's taxable income and filing status. The tax rate for a head of household is generally lower than the tax rate for a single filer, but higher than the tax rate for a married taxpayer filing a joint return.

To determine the tax for a taxable income of a head of household, you can use the Internal Revenue Service (IRS) tax tables or a tax calculator. The tax tables provide tax rates and income ranges for each tax bracket, and you can use them to determine the tax on a given income. Alternatively, you can use a tax calculator to input your taxable income, filing status, and any applicable deductions and credits to determine the tax owed.

It's important to note that the tax rate for a head of household may change from year to year, as the IRS adjusts the tax brackets and rates. Additionally, the deductions and credits available to a head of household may change from year to year, so it's important to consult the IRS guidelines for the most current information.

Explanation:

User Vimalraj
by
7.4k points