a. What tax would a single person pay on taxable income of $40,000?   a. What tax would a married person pay on taxable income of $60,000? __Single $2,540.00/Married $3,780.50 __Single $2,672.50/Married $3,987.50 __Single $2,750/Married $4,058.75 __Single $3,048.50/Married $4,672.50

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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a. What tax would a single person pay on taxable income of $40,000?  

a. What tax would a married person pay on taxable income of $60,000?

__Single $2,540.00/Married $3,780.50

__Single $2,672.50/Married $3,987.50

__Single $2,750/Married $4,058.75

__Single $3,048.50/Married $4,672.50

 

 
Filing Status More than
But not
Таx
amount
over
amount
Single
12,750
6%
12,750
60,000
765 + 7%
over
60,000
120,000
4072.50 +
7.75%
120,000
8722.50 +
8.25%
Transcribed Image Text:Filing Status More than But not Таx amount over amount Single 12,750 6% 12,750 60,000 765 + 7% over 60,000 120,000 4072.50 + 7.75% 120,000 8722.50 + 8.25%
Married
21,250
6%
21,250
100,000
1275 + 7%
over
100,000
200,000
6787.50 +
7.75%
200,000
14,537.50 +
8.25%
Transcribed Image Text:Married 21,250 6% 21,250 100,000 1275 + 7% over 100,000 200,000 6787.50 + 7.75% 200,000 14,537.50 + 8.25%
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