To determine the appropriate tax tier for a yearly income of \[tex]$55,750 for a single person, we need to follow these steps:
1. Determine the standard deduction: The standard deduction for a single filer is \$[/tex]13,850.
2. Calculate the taxable income: Subtract the standard deduction from the yearly income:
[tex]\[
55,750 - 13,850 = 41,900
\][/tex]
3. Identify the tax tier based on the taxable income:
[tex]\[
\begin{array}{|c|c|c|}
\hline
\text{Over} & \text{But not over} & \text{Tax Rate} \\
\hline
\$0 & \$11,000 & 10\% \\
\hline
\$11,000 & \$44,725 & 12\% \\
\hline
\$44,725 & \$95,375 & 22\% \\
\hline
\$95,375 & \$182,100 & 24\% \\
\hline
\$182,100 & \$231,250 & 32\% \\
\hline
\$231,250 & \$578,125 & 35\% \\
\hline
\$578,125 & \text{and up} & 37\% \\
\hline
\end{array}
\][/tex]
The taxable income of \[tex]$41,900 falls within the range of over \$[/tex]11,000 but not over \[tex]$44,725.
Thus, the appropriate tax tier for an income of \$[/tex]55,750 (with a taxable income of \$41,900) is the 12% tax tier. So, the answer is:
B [tex]\( \quad 1 \nu \% \)[/tex]
