Schedule Z - If your filling status is Head of household Calculate the tax for each taxable
Question:
Calculate the tax for each taxable income of a head of household.
a. $400,000
b. $10,954
c. $108,962
d. $201,102
Transcribed Image Text:
If your taxable income is: The tax is: of the amount over But not Over- SO 11,450 43,650 112,650 182.400 357,700 over- $11,450 43,650 112,650 182,400 357,700 1096 $1,145.00 + 15% 5,975.00 + 25% 23,225.00 + 28% 42,755.00 + 33% 100,604.00 + 35% $0 11,450 43,650 112,650 182,400 357,700
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a 400000 is over 357700 10060400 035400000 357700 10060400 03542300 1006040...View the full answer
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Related Book For
Financial Algebra advanced algebra with financial applications
ISBN: 978-0538449670
1st edition
Authors: Robert K. Gerver
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