mework) Saved Help Save & Exit Submit Check my work Problem 1-41 (LO 1-4) Miremba is single and has taxable income of $92,616. For that income, determine tax liability using the tax tables and using the tax rate schedules. Note: Round your intermediate computations and final answers to 2 decimal places. Tax liability using Tax Tables Tax liability using Tax Rate Schedule www < Prev 2 of 4 Next > 2021 Federal Income Tax Information 2021 Federal Tax Rate Schedules Schedule X-Single If taxable income is over: But not over: $0 $9,950 $9,950 $40,525 $40,525 $86,375 $86,375 $164,925 $164,925 $209,425 $523,600 $209,425 $523,600 10% of taxable income The tax is: $995.00 plus 12% of the excess over $9.950 $4,664.00 plus 22% of the excess over $40,525 $14,751.00 plus 24% of the excess over $86,375 $33,603.00 plus 32% of the excess over $164,925 $47,843.00 plus 35% of the excess over $209,425 $157,804.25 plus 37% of the excess over $523,600 Schedule Y-1-Married Filing Jointly or Qualifying Widow(er) If taxable income is over: But not over: $0 $19,900 $19,900 $81,050 $81,050 $172,750 $172,750 $329,850 $418,850 $628,300 $329,850 $418,850 $628,300 The tax is: 10% of taxable income $1,990.00 plus 12% of the excess over $19,900 $9,328.00 plus 22% of the excess over $81,050 $29,502.00 plus 24% of the excess over $172,750 $67.206.00 plus 32% of the excess over $329,850 $95,686.00 plus 35% of the excess over $418,850 $168.993.50 plus 37% of the excess over $628,300 Schedule Y-2-Married Filing Separately If taxable income is over: But not over: $0 $9,950 $40,525 $9,950 $40,525 $86,375 10% of taxable income The tax is: $995.00 plus 12% of the excess over $9,950 $4,664.00 plus 22% of the excess over $40,525 If taxable income is over: But not over: $0 $19,900 $19,900 $81,050 $81,050 $172,750 $172,750 $329,850 $329,850 $418,850 $628,300 $418,850 $628,300 10% of taxable income The tax is: $1,990.00 plus 12% of the excess over $19,900 $9,328.00 plus 22% of the excess over $81,050 $29,502.00 plus 24% of the excess over $172,750 $67,206.00 plus 32% of the excess over $329,850 $95,686.00 plus 35% of the excess over $418,850 $168,993.50 plus 37% of the excess over $628,300 Schedule Y-2-Married Filing Separately If taxable income is over: But not over: $0 $9,950 $9,950 $40,525 $40,525 $86,375 $86,375 $164,925 $164,925 $209,425 $314,150 $209,425 $314,150 Schedule Z-Head of Household 10% of taxable income The tax is: $995.00 plus 12% of the excess over $9,950 $4,664.00 plus 22% of the excess over $40,525 $14,751.00 plus 24% of the excess over $86,375 $33,603.00 plus 32% of the excess over $164,925 $47,843.00 plus 35% of the excess over $209,425 $84,496.75 plus 37% of the excess over $314,150 If taxable income is over: But not over: $0 $14,200 $14,200 $54,200 $54,200 $86,350 $86,350 $164,900 $164,900 $209,400 $209,400 $523,600 $523,600 10% of taxable income The tax is: $1,420.00 plus 12% of the excess over $14,200 $6,220.00 plus 22% of the excess over $54,200 $13,293.00 plus 24% of the excess over $86,350 $32,145.00 plus 32% of the excess over $164,900 $46,385.00 plus 35% of the excess over $209,400 $156,355.00 plus 37% of the excess over $523,600 ARE A E A E G K RANGE E A E RE EGRAR RE ANE GE ARES CAN REZER MANGE ARENA GRAN REKR 3 88538 83 BERKO 5388 2253 888 83 Tax Table fine 15 least CAUTION Tax Table below to figure your tax. Example. Mr. and Mrs. Brown are sling a joint retum. Their taxable income on Form 1040, line 15, is $25,300. First, they find the $25,300-25,350 taxable income line. Next, they find the column for married filing jointly and read down the column. The amount shown axable income line and filing status column mest amount they should enter in t 41.This is the b And you are- A B Least Less 232 Single Married Married Head house 25,250 25,500 2.834 25.200 25.250 2.828 2.75 25,300 25.350 2.840 (X) 2.840 25,350 25,400 2046 2047 2040 220 AS OF And you are September tately hold Your tax is- 1,000 rately hold Your taxi- 2,000 Your tax is- 5888 53 5538 8*3*** **EARE 88858 98549 358 59999 3853 858 35999 59335 3588 5885 99953 99599 95555 5999 ***** *** *** ***** 5388 EERS 38 *** ** ** ****** REAR *** GARA XUS ** RE BRACE OR AN 8 388 CZERS AS SE ***** BBER GREGG OCH ARE CUR C ***** RARER REG