Question: If someone has a taxable income of $40,000, then their tax payment is Taxable Income Tax Bracket 0-$30,000 $30,000-$100,000 $100,000-above O $4800 O $6100

If someone has a taxable income of $40,000, then their tax payment

If someone has a taxable income of $40,000, then their tax payment is Taxable Income Tax Bracket 0-$30,000 $30,000-$100,000 $100,000-above O $4800 O $6100 O $16,000 O $10,000 12% 25% 40%

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