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What is the tax due for a single taxpayer reporting a taxable income of [tex]$\$[/tex] 65,725[tex]$?

\begin{tabular}{|c|c|c|c|c|c|}
\hline
\multicolumn{2}{|c|}{\begin{tabular}{l}
If line 43 (taxable \\
income) is-
\end{tabular}} & \multicolumn{4}{|c|}{ And you are- } \\
\hline
At least & \begin{tabular}{l}
But less \\
than
\end{tabular} & Single & Married & \begin{tabular}{l}
Married \\
filing \\
separately
\end{tabular} & \begin{tabular}{l}
Head of \\
household
\end{tabular} \\
\hline
& & \multirow{2}{*}{\multicolumn{4}{|c|}{ Your tax is- }} \\
\hline
\multicolumn{2}{|c|}{65,000} & & & & \\
\hline
65,000 & 65,050 & 11,995 & 8,821 & 11,995 & 10,509 \\
\hline
65,050 & 65,100 & 12,008 & 8,829 & 12,008 & 10,521 \\
\hline
65,100 & 65,150 & 12,020 & 8,836 & 12,020 & 10,534 \\
\hline
65,150 & 65,200 & 12,033 & 8,844 & 12,033 & 10,546 \\
\hline
65,200 & 65,250 & 12,045 & 8,851 & 12,045 & 10,559 \\
\hline
65,250 & 65,300 & 12,058 & 8,859 & $[/tex]12 \sqrt{58}$ & 10,571 \\
\hline
65,300 & 65,350 & 12,070 & 8,866 & 12,070 & 10,584 \\
\hline
65,350 & 65,400 & 12,083 & 8,874 & 12,083 & 10,596 \\
\hline
65,400 & 65,450 & 12,095 & 8,881 & 12,095 & 10,609 \\
\hline
65,450 & 65,500 & 12,108 & 8,889 & 12,108 & 10,621 \\
\hline
65,500 & 65,550 & & & & \\
\hline
\end{tabular}


Sagot :

To determine the tax due for a single taxpayer reporting a taxable income of \[tex]$65,725, we need to identify which tax bracket this income falls into. The taxable income of \$[/tex]65,725 is between \[tex]$65,700 and \$[/tex]65,750, more specifically, it falls into the bracket:

\begin{center}
\begin{tabular}{|c|c|c|}
\hline From & To & Tax Due (Single) \\
\hline
65,700 & 65,750 & \[tex]$12,599 \\ \hline \end{tabular} \end{center} Based on this bracket’s definition, the tax due for a single taxpayer with an income of \$[/tex]65,725 is:

[tex]\[ \boxed{\$12,599} \][/tex]

Therefore, the tax due for an income of \[tex]$65,725 is \$[/tex]12,599.