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For what taxable income would a taxpayer have to pay $13,154.00 in taxes?​

For What Taxable Income Would A Taxpayer Have To Pay 1315400 In Taxes class=

Sagot :

Answer:

For the tax to be $13154.00, the income has to be around $84991.67 (around because taxes are rounded).

Step-by-step explanation:

Because the tax is over $12962, but under $31322, the income must be between $84200 and $160700.

The tax on the first $84200 is $12962, and the surplus (we'll call it x) is taxed at 24%.

24%*x = $13154 - $12962 = $190

x = $190/(24%) = $791.(6)

So the total income is something close to $84200+$791.(6) = $84991.(6)

Answer:  

Step-by-step explanation:

The income must be between $84200 and $160700 because the tax is over $12962 but under $31322.

The first $84200 is taxed at a rate of $12962, and the surplus (we'll call it x) is taxed at a rate of 24 percent.

*x = $13154 - $12962 = $190 (24%)

$190 divided by (24% ) equals $791. (6)

As a result, the total income is around $84200+$791.

(6) = $84991; (7) = $84991; (8) = $84991;

its 6