Using the tax table, determine the amount of taxes for the following situations: (Do not round intermediate calculations. Round your answers to 2 decimal places.) a. A head of household with taxable income of $59,500. Tax amount b. A single person with taxable income of $35,800. Tax amount c. Married taxpayers filing jointly with taxable income of $71,100. Tax amount

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Using the tax table, determine the amount of taxes for the following situations: (Do not round
intermediate calculations. Round your answers to 2 decimal places.)
a. A head of household with taxable income of $59,500.
Tax amount
b. A single person with taxable income of $35,800.
Tax amount
c. Married taxpayers filing jointly with taxable income of $71,100.
Tax amount
Transcribed Image Text:Using the tax table, determine the amount of taxes for the following situations: (Do not round intermediate calculations. Round your answers to 2 decimal places.) a. A head of household with taxable income of $59,500. Tax amount b. A single person with taxable income of $35,800. Tax amount c. Married taxpayers filing jointly with taxable income of $71,100. Tax amount
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