Question: Decide the appropriate tax schedule from below for the given question. Use the chosen tax schedule to answer the question. Schedule X-Use if your

Decide the appropriate tax schedule from below for the given question. Use

Decide the appropriate tax schedule from below for the given question. Use the chosen tax schedule to answer the question. Schedule X-Use if your 2014 filing status is Single Schedule Z-Use if your 2014 filing status is Head of household If line 5 is: The tax is: If line 5 is: The tax is: But not of the amount of the But not amount Over- over- over- Over- over- over- $0 $12,950 + 10% SO $0 $9,075 + 10% $0 12,950 49,400 $1,295.00 +15% 12,950 9,075 36,900 $907.50 +15% 9,075 36,900 89,350 5,081.25 +25% 36,900 18,193.75 + 28% 89,350 186,350 186,350 405,100 45,353.75 + 33% + 35% 405,100 406,750 117,541.25 + 39.6% 406,750 118,118.75 89,350 186,350 405,100 49,400 127,550 206,600 206,600 405,100 432,200 405,100 432,200 127,550 6,762.50 +25% 49,400 26,300.00+28% 127,550 48,434.00 +33% 113,939.00 +35% 123,424.00 + 39.6% 206,600 405,100 432,200 406,750 Fabio is not married and does not support any other individuals. If he expects to earn $10,820 in taxable income from doing freelance painting, what is his estimated tax amount rounded to the nearest llor? Do not include a dollar sign in your answer.

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