Question: Needs answered ASAP! Need help solving for the 22% tax bracket for taxable income and federal income. Please show calculations to solidify understanding. These are

Needs answered ASAP! Need help solving for the 22% tax bracket for taxable income and federal income. Please show calculations to solidify understanding. These are the 2021 tax brackets.

Salary: $74,263 401K Contribution $5,139 Standard Deduction $12,400 Personal Exemption $ Taxable income $56,724 Federal Income Tax Rate Taxable Income @ Rate $9,950 $30,575 $995 $3,192 10% 12% 22% 24% 32% 35% 37%

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