To determine which tax rates apply to a single taxpayer with a taxable income of [tex]$\$[/tex]75,000[tex]$, we need to locate the relevant tax brackets this income falls into.
Here are the steps:
1. Identify the income brackets and their rates:
- $[/tex]0[tex]$ to $[/tex]9,525[tex]$: $[/tex]10\%[tex]$
- $[/tex]9,526[tex]$ to $[/tex]38,700[tex]$: $[/tex]12\%
- [tex]$38,701$[/tex] to [tex]$82,500$[/tex]: [tex]$22\%
- $[/tex]82,501[tex]$ to $[/tex]157,500[tex]$: $[/tex]24\%
- [tex]$157,501$[/tex] to [tex]$200,000$[/tex]: [tex]$32\%
- $[/tex]200,001[tex]$ to $[/tex]500,000[tex]$: $[/tex]35\%
- Greater than [tex]$500,000$[/tex]: [tex]$37\%
2. Determine which brackets $[/tex]75,000[tex]$ falls under:
- The taxable income of $[/tex]\[tex]$75,000$[/tex] falls within the [tex]$38,701$[/tex] to [tex]$82,500$[/tex] bracket.
3. Identify the marginal tax rate for the [tex]$75,000$[/tex] income:
- The corresponding tax rate for the bracket [tex]$38,701$[/tex] to [tex]$82,500$[/tex] is [tex]$22\%$[/tex].
Therefore, the marginal tax rate that applies to a single taxpayer with a taxable income of [tex]$\$[/tex]75,000[tex]$ is:
\[ \boxed{22\%} \]
So, the correct location on the tax bracket table is at the $[/tex]22\%[tex]$ tax rate under the income bracket of $[/tex]38,701[tex]$ to $[/tex]82,500.
