Question: Using the tax table below, how much tax (rounded to the nearest dollar) would be owed by a single person with 350,000 of taxable income

 Using the tax table below, how much tax (rounded to the

Using the tax table below, how much tax (rounded to the nearest dollar) would be owed by a single person with 350,000 of taxable income (assume that this amount is after the standard deduction has been deducted) Schedule X - If your filing status is Single $0 If your taxable The tax is: income is: Over- But not of the amount over- Over- $0 $9.950 10% 9.950 40,525 $995.00 + 9,950 12% 40.525 86,375 4,664.00 + 40,525 22% 86,375 164.925 14,751.00 + 86,375 24% 164.925 209,425 33,603.00 + 164,925 32% 209,425 523,600 47,843.00 + 209,425 35% 523,600 157,804.25 + 523,600 37% O $122,500 O $129,500 O $97,044 O $35,000 $0, no tax due

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