Get comprehensive answers to your questions with the help of IDNLearn.com's community. Get timely and accurate answers to your questions from our dedicated community of experts who are here to help you.

Question 1 of 10

Sawyer's taxable income last year was [tex]$\$[/tex]59,850$. According to the tax table below, how much tax does he have to pay if he files with the "Single" status?

\begin{tabular}{|c|c|c|c|c|c|}
\hline \multicolumn{2}{|c|}{\begin{tabular}{c}
Taxable Income \\
(Line 43)
\end{tabular}} & \multicolumn{4}{|c|}{And you are-} \\
\hline
\begin{tabular}{c}
At least
\end{tabular} & \begin{tabular}{c}
But less \\
than
\end{tabular} & Single & \begin{tabular}{c}
Married \\
Filing Jointly
\end{tabular} & \begin{tabular}{c}
Married \\
Filing Separately
\end{tabular} & \begin{tabular}{c}
Head of \\
Household
\end{tabular} \\
\hline
59,000 & 59,050 & 10,944 & 8,019 & 10,944 & 9,609 \\
59,050 & 59,100 & 10,956 & 8,026 & 10,956 & 9,621 \\
59,100 & 59,150 & 10,969 & 8,034 & 10,969 & 9,634 \\
59,150 & 59,200 & 10,981 & 8,041 & 10,981 & 9,646 \\
59,200 & 59,250 & 10,994 & 8,049 & 10,994 & 9,659 \\
59,250 & 59,300 & 11,006 & 8,056 & 11,006 & 9,671 \\
59,300 & 59,350 & 11,017 & 8,064 & 11,019 & 9,684 \\
59,350 & 59,400 & 11,031 & 8,071 & 11,001 & 9,696 \\
59,400 & 59,450 & 11,044 & 8,079 & 11,044 & 9,709 \\
59,450 & 59,500 & 11,056 & 8,086 & 11,056 & 9,721 \\
59,500 & 59,550 & 11,069 & 8,094 & 11,069 & 9,734 \\
59,550 & 59,600 & 11,081 & 8,101 & 11,001 & 9,746 \\
59,600 & 59,650 & 11,094 & 8,109 & 11,094 & 9,759 \\
59,650 & 59,700 & 11,106 & 8,116 & 11,106 & 9,771 \\
59,700 & 59,750 & 11,119 & 8,124 & 11,119 & 9,784 \\
59,750 & 59,800 & 11,131 & 8,131 & 11,131 & 9,796 \\
59,800 & 59,850 & 11,144 & 8,139 & 11,144 & 9,809 \\
59,850 & 59,900 & 11,156 & 8,146 & 11,156 & 9,821 \\
59,900 & 59,950 & 11,169 & 8,154 & 11,169 & 9,834 \\
59,950 & 60,000 & 11,181 & 8,161 & 11,181 & 9,846 \\
\hline
\end{tabular}


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.