Question: Please answer all under A thank you!! More info (Click the icon here O in order to copy the contents of the data table below

More info (Click the icon here O in order to copy the contents of the data table below into a spreadsheot) a. To calculate the total taxes due, use the following formula: Total taxes due = Base tax+ Marginal rate Amount over base bracket. The marginal tax rate for eamings before taxes of $13,700 is 12%. (Round to the nearest integer.) For eamings before taxes of $13,700, the base tax is $988and and the amount over the base bracket is $ (Round to the nearost dollar,) The total tax linblity for eamings before taxes of $13,700 is $1,447. (Round to the nearest dollar.) The marginal tax rate for eamings before taxes of $60,200 is 22%. (Round to the nearest integer.) For eamings before taxes of $60,200, the base tax is $4,618 and the amount over the base bracket is $20,075. (Round to the nearest dollar) The total tax liabilify for eamings before taxes of $60,200 is $9,034. (Round to the nearest dollar.) The marginal tax rate for eamings before taxes of $91,700 is 247%. (Round to the nearest integer.) For eamings before taxes of $91,700, the base tax is 14,606 and the amount over the base bracket is $6,175. (Round to the nearest doilar.) The total tax liability for earnings betore taxes of $91,700 is $16,098. (Round to the nearest dollar.) The marginal tax rate for eamings before taxes of $150,000 is 247%. (Round to the nearest integer.)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
