2019 Tax Rates, Single Individual Taxable Income Tax Payable $ 0 - $ 9,700 10% of TI $ 9,700 - $ 39,475 $ 970.00 + 12% of (TI - 9,700 ) $ 39,475 - $ 84,200 $ 4,543.00 + 22% of (TI - 39,475 ) $ 84,200 - $ 160,725 $ 14,382.50 + 24% of (TI - 84,200 ) $ 160,725 - $ 204,100 $ 32,748.50 + 32% of (TI - 160,725 ) $ 204,100 - $ 510,300 $ 46,628.50 + 35% of (TI - 204,100 ) Over $510,300 $ 153,798.50 + 37% of (TI - 510,300 ) Question 33 (3 points) Suppose Stephanie has a taxable income of $340,000.00, what is her tax bill?

Answer rating: 100% (QA)

To calculate Stephanies tax bill we need to determine the applicable tax rate for e... View the full answer