Use the table to the right to calculate the federal income tax due for a taxable income of 208,000.
Use the table to the right to calculate the federal income tax due for a taxable income of 208,000.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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Question
Use the table to the right to calculate the federal income tax due for a taxable income of 208,000.

Transcribed Image Text:Use the table to the right to calculate the federal income tax due for a taxable income of $208,000.
The income tax due is $
G
f your taxable
income is
Over-
But not
Over-
SO
$9.275
$9,275 $37,650
$37,650 $91,150
$91,150 $190,150
$190,150 $413,350
$413,350
The tax is
10%
$927.50 + 15%
$5,183.75 +25%
$18.558.75 +28%
$46,278.75 + 33%
$119,934.75 +35%
Of the amount
Over-
$0
$9,275
$37,650
$91,150
$190,150
$413,350
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