Figure out how much income tax each of the following individuals owes. The marginal tax rates are

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Figure out how much income tax each of the following individuals owes. The marginal tax rates are structured as follows:
• $0 to $8,925 = 10% rate
• $8,925 to $36,250 = 15%
• $36,251 to $87,850 = 25%
• $87,851 to $183,250 = 28%
• $183,251 to $398,350 = 33%
• $398,351 to $400,000 = 35%
• $400,001 and above = 39.6%

The different rates apply to different portions of one’s income.
Taxable Income                Tax Due

Jamie: $42,000            

Miguel: $98,750          

Suzette: $24,000              

Kimu: $100,520

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