A single person has a taxable income of $114, 200. They take the standard deduction of $12, 400 and have $1400 in tax credits. What would they owe in income tax? They would owe $ Round to the nearest cent.

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A single person has a taxable income of $114, 200. They take the standard deduction of $12, 400 and have $1400 in tax credits. What would they owe in income tax?
They would owe $
Round to the nearest cent.
Transcribed Image Text:A single person has a taxable income of $114, 200. They take the standard deduction of $12, 400 and have $1400 in tax credits. What would they owe in income tax? They would owe $ Round to the nearest cent.
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