Question: The table below shows the tax brackets for 2015 for single workers. Taxable Income Tax Rate $0 to $9,225 10% $9,226 to $37,450 $37,451

The table below shows the tax brackets for 2015 for single workers.Taxable Income Tax Rate $0 to $9,225 10% $9,226 to $37,450 $37,451

The table below shows the tax brackets for 2015 for single workers. Taxable Income Tax Rate $0 to $9,225 10% $9,226 to $37,450 $37,451 to $90,750 $90,751 to $189,300 $189,301 to $411,500 $411,501 to $413,200 $413,201 or more $922.50 plus 15% of the amount over $9,225 $5,156.25 plus 25% of the amount over $37,450 $18,481.25 plus 28% of the amount over $90,750 $46,075.25 plus 33% of the amount over $189,300 $119,401.25 plus 35% of the amount over $411,500 $119,996.25 plus 39.6% of the amount over $413,200 Calculate the income tax for a single person who has $94,700 of taxable income. For example if a person made $200,000 then the tax would be calculated based on the chart like this: 46,075.25 + 0.33(200,000 189,300) = $49606.25 $

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