Use the 2016 marginal tax rates to compute the tax owed by the following person. A single woman with a taxable income of $17,000 and a $3500 tax credit Click the icon to view the 2016 marginal tax...


Use the 2016 marginal tax rates to compute the tax owed by the following person.<br>A single woman with a taxable income of $17,000 and a $3500 tax credit<br>Click the icon to view the 2016 marginal tax rates.<br>.....<br>The tax owed is<br>dollars.<br>(Type an integer or a decimal. Round to the nearest cent as needed.)<br>2016 marginal tax rates<br>2016 Marginal Tax Rates, Standard Deductions, and Exemptions<br>Unmarried and paying<br>Unmarried, divorced, Married and each partner<br>or legally separated<br>Married and both<br>files a separate tax return partners file a single more than half the cost<br>of supporting a child<br>or parent<br>tax return<br>Tax Rate<br>Single<br>Married Filing Separately Married Filing Jointly<br>Head of Household<br>up to $18,550<br>$18,551 to $75,300<br>up to $13,250<br>$13,251 to $50,400<br>10%<br>up to $9275<br>up to $9275<br>15%<br>$9276 to $37,650<br>$9276 to $37,650<br>25%<br>$37,651 to $91,150<br>$37,651 to $75,950<br>$75,301 to $151,900<br>$50,401 to $130,150<br>28%<br>$91,151 to $190,150<br>$75,951 to $115,725<br>$151,901 to $231,450<br>$130,151 to $210,800<br>33%<br>$190,151 to $413,350<br>$115,726 to $206,675<br>$231,451 to $413,350<br>$210,801 to $413,350<br>35%<br>$413,351 to $415,050<br>$206,676 to $233,475<br>$413,351 to $466,950<br>$413,351 to $441,000<br>39.6%<br>more than $415,050<br>more than $233,475<br>more than $466,950<br>more than $441,000<br>Standard<br>$6300<br>$6300<br>$12,600<br>$9300<br>Deduction<br>Exemptions (per $4050<br>person)<br>$4050<br>$4050<br>$4050<br>Print<br>Done<br>

Extracted text: Use the 2016 marginal tax rates to compute the tax owed by the following person. A single woman with a taxable income of $17,000 and a $3500 tax credit Click the icon to view the 2016 marginal tax rates. ..... The tax owed is dollars. (Type an integer or a decimal. Round to the nearest cent as needed.) 2016 marginal tax rates 2016 Marginal Tax Rates, Standard Deductions, and Exemptions Unmarried and paying Unmarried, divorced, Married and each partner or legally separated Married and both files a separate tax return partners file a single more than half the cost of supporting a child or parent tax return Tax Rate Single Married Filing Separately Married Filing Jointly Head of Household up to $18,550 $18,551 to $75,300 up to $13,250 $13,251 to $50,400 10% up to $9275 up to $9275 15% $9276 to $37,650 $9276 to $37,650 25% $37,651 to $91,150 $37,651 to $75,950 $75,301 to $151,900 $50,401 to $130,150 28% $91,151 to $190,150 $75,951 to $115,725 $151,901 to $231,450 $130,151 to $210,800 33% $190,151 to $413,350 $115,726 to $206,675 $231,451 to $413,350 $210,801 to $413,350 35% $413,351 to $415,050 $206,676 to $233,475 $413,351 to $466,950 $413,351 to $441,000 39.6% more than $415,050 more than $233,475 more than $466,950 more than $441,000 Standard $6300 $6300 $12,600 $9300 Deduction Exemptions (per $4050 person) $4050 $4050 $4050 Print Done

Jun 05, 2022
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