Below are the US individual tax rates for 2022. What is the effective tax rate of a Single individual who has a 2022 federal taxable income of $77,000? ENTER YOUR ANSWER IN DECIMAL FORM WITHOUT ANY PUNCTUATION ROUNDED TO TWO DECIMALS. For example, 43.53% would be entered as .4353 IRS 2022 Marginal Tax Rates (Single person): Income Tax Rate Under $10,275 10% $10,275 to $41,775 12% Al $41,775 to $89,075 22% $89,075 to $170,050 24% $170,050 to $215,950 32% Over $215,950 35%
Below are the US individual tax rates for 2022. What is the effective tax rate of a Single individual who has a 2022 federal taxable income of $77,000? ENTER YOUR ANSWER IN DECIMAL FORM WITHOUT ANY PUNCTUATION ROUNDED TO TWO DECIMALS. For example, 43.53% would be entered as .4353 IRS 2022 Marginal Tax Rates (Single person): Income Tax Rate Under $10,275 10% $10,275 to $41,775 12% Al $41,775 to $89,075 22% $89,075 to $170,050 24% $170,050 to $215,950 32% Over $215,950 35%
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Below are the US individual tax rates for 2022. What is the effective tax rate of a Single individual who has a 2022 federal taxable income of $77,000?
ENTER YOUR ANSWER IN DECIMAL FORM WITHOUT ANY PUNCTUATION ROUNDED TO TWO DECIMALS. For example, 43.53% would be entered as .4353
IRS 2022 Marginal Tax Rates (Single
person):
Income
Under $10,275
$10,275 to $41,775
$41,775 to $89,075
$89,075 to $170,050
$170,050 to $215,950
Over $215,950
Tax Rate
10%
12%
22%
24%
32%
35%
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