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On the tax bracket table, choose all the marginal tax rates that will apply to a single taxpayer with a taxable income of [tex]$\$ 75,000[tex]$[/tex].

\begin{tabular}{|l|l|}
\hline
\multicolumn{2}{|c|}{Single Taxpayers: Income Brackets} \\
\hline
Tax Rate & Income Bracket \\
\hline
$[/tex]10 \%[tex]$ & 0 to 9,525 \\
\hline
$[/tex]12 \%[tex]$ & 9,526 to 38,700 \\
\hline
$[/tex]22 \%[tex]$ & 38,701 to 82,500 \\
\hline
$[/tex]24 \%[tex]$ & 82,501 to 157,500 \\
\hline
$[/tex]32 \%[tex]$ & 157,501 to 200,000 \\
\hline
$[/tex]35 \%[tex]$ & 200,001 to 500,000 \\
\hline
$[/tex]37 \%[tex]$ & $[/tex]>500,000$ \\
\hline
\end{tabular}

Sagot :

GinnyAnsweridn
To determine the marginal tax rates that will apply to a single taxpayer with a taxable income of \[tex]$75,000, we need to analyze how this income falls within the given tax brackets. The provided tax bracket table is: 1. 10% for income from \$[/tex]0 to \[tex]$9,525 2. 12% for income from \$[/tex]9,526 to \[tex]$38,700 3. 22% for income from \$[/tex]38,701 to \[tex]$82,500 4. 24% for income from \$[/tex]82,501 to \[tex]$157,500 5. 32% for income from \$[/tex]157,501 to \[tex]$200,000 6. 35% for income from \$[/tex]200,001 to \[tex]$500,000 7. 37% for income above \$[/tex]500,000

Given the taxable income of \[tex]$75,000, the marginal tax rates that apply are: - 10% for the income portion from \$[/tex]0 to \[tex]$9,525 - 12% for the income portion from \$[/tex]9,526 to \[tex]$38,700 - 22% for the income portion from \$[/tex]38,701 to \[tex]$75,000 Hence, these are the marginal tax rates applicable to a single taxpayer with a taxable income of \$[/tex]75,000:

10%, 12%, and 22%
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