Question

Ms.lee a single adult earned $65,000 in taxable income last year. use the rate table below to calculate how much she must pay in income taxes

Answer 1

Earnings: $65,000

$65,000 is between $36,250 and $87,850.

According to the table, she must pay 25% in income taxes.

So, multiply the income (65,000) by the tax percentage in decimal form ( divided by 100)

65,000 (25/100) = 65,000 x 0.25 = $16,250