Answer:
$2000
Step-by-step explanation:
Step 1. Find the tax bracket this person belongs in.
$10,001 < $40,000 < $50,000
Answer: The middle bracket [5%]
Step 2. Find 5% of $40,000
100% / 5% = 20
$40,000 / 20 = $2000
Answer: $2000
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