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Mathematics, 14.12.2020 19:20 therealnana
Use the chart to answer the question. You will not use all of the answers given.
2007 Federal Income Tax Table
Single:
Over But not over The tax is
$0 $7,825 10% of the amount over $0
$7,825 $31,850 $788 + 15% of the amount over $7,825
$31,850 $77,100 $4,386 + 25% of the amount over $31,850
$77,100 $160,850 $15,699 + 28% of the amount over $77,100
$160,85. $349,700 $39,149 + 33% of the amount over $160,850
$349,700 And Over $101,469 + 35% of the amount over $349,700
John Myers had $49,000 in taxable income. He figured his tax from the tax schedule:
Found his earned income level.
Entered the base amount = $4,386
Found the amount over $31,850 =
Multiplied line 3 by 25% =
Added Lines 2 and 4 =
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Use the chart to answer the question. You will not use all of the answers given.
2007 Federal Incom...
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