222k views
14 votes
What is the tax due for a single taxpayer reporting a taxable income of $65,725?

And you are


If line 43


(taxable


income) is-


At


But


least less


than


Single


Married Married Head of


filing filing household


jointly separately


Your tax is-


65,000


65,000 65,050


65,050 65,100


65,100 65,150


65,150 65.200


11,995


12,008


12,020


12033


8,821


8,829


8,836


SQM


11,995


12,008


12,020


1202


10,509


10,521


10,534

2 Answers

9 votes

Answer:

The right answer is 12,170.

Step-by-step explanation:

i just took the test.

User Danyel
by
5.2k points
2 votes

Answer:


Tax = \$14459.5

Step-by-step explanation:

The question has a lot of confusing and unclear details. I will just answer the part that requests for the amount of tax to be paid by the single person given the taxable income of $65,725

Given


Taxable\ Income = \$65725

Status: Single

Required

Determine the tax amount

For a single person whose taxable income is within the range of $39,476 - $84,200, the tax is 22% of the taxable income.

So, we have:


Tax = 22\% * Taxable\ Income


Tax = 22\% * \$65725


Tax = 0.22 * \$65725


Tax = \$14459.5

User CampSafari
by
4.7k points