Welcome to Westonci.ca, your one-stop destination for finding answers to all your questions. Join our expert community now! Join our Q&A platform to connect with experts dedicated to providing precise answers to your questions in different areas. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.
Sagot :
To determine how much tax Sawyer has to pay with a taxable income of \$59,850 under the "Single" status, we can reference the tax table provided. In this table, tax rates are segmented by income brackets.
Here is the step-by-step solution:
1. Identify the income bracket which includes Sawyer's taxable income of \$59,850.
2. From the tax table, we see the following income brackets around \$59,850:
[tex]\[ \begin{array}{|c|c|} \hline \text{At Least} & \text{But Less Than} \\ \hline 59{,}800 & 59{,}850 \\ \hline 59{,}850 & 59{,}900 \\ \hline \end{array} \][/tex]
3. The taxable income of \$59,850 falls into the bracket:
[tex]\[ \begin{array}{|c|c|} \hline 59{,}850 & 59{,}900 \\ \hline \end{array} \][/tex]
4. According to the tax table, the tax for individuals with income from \[tex]$59,850 to \$[/tex]59,900 in the "Single" status is:
[tex]\[ \text{\$11,206} \][/tex]
Thus, the tax Sawyer has to pay is \$11,206.
Here is the step-by-step solution:
1. Identify the income bracket which includes Sawyer's taxable income of \$59,850.
2. From the tax table, we see the following income brackets around \$59,850:
[tex]\[ \begin{array}{|c|c|} \hline \text{At Least} & \text{But Less Than} \\ \hline 59{,}800 & 59{,}850 \\ \hline 59{,}850 & 59{,}900 \\ \hline \end{array} \][/tex]
3. The taxable income of \$59,850 falls into the bracket:
[tex]\[ \begin{array}{|c|c|} \hline 59{,}850 & 59{,}900 \\ \hline \end{array} \][/tex]
4. According to the tax table, the tax for individuals with income from \[tex]$59,850 to \$[/tex]59,900 in the "Single" status is:
[tex]\[ \text{\$11,206} \][/tex]
Thus, the tax Sawyer has to pay is \$11,206.
Thank you for choosing our service. We're dedicated to providing the best answers for all your questions. Visit us again. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Thank you for visiting Westonci.ca. Stay informed by coming back for more detailed answers.