College

DeAndre's taxable income last year was [tex]\$97,257[/tex]. According to the tax table below, how much tax does he have to pay if he files with the Single status?

Hint: Find the row for AT LEAST [tex]\$97,250[/tex], then look at the tax amount for the SINGLE column.

[tex]
\[
\begin{array}{|c|c|c|c|c|c|}
\hline
\text{At least} & \text{But less than} & \text{Single} & \text{Married filing jointly} & \text{Married filing separately} & \text{Head of household} \\
\hline
97,000 & 97,050 & 20,887 & 16,631 & 21,299 & 19,109 \\
\hline
97,050 & 97,100 & 20,901 & 16,644 & 21,313 & 19,121 \\
\hline
97,100 & 97,150 & 20,915 & 16,656 & 21,327 & 19,134 \\
\hline
97,150 & 97,200 & 20,929 & 16,669 & 21,341 & 19,146 \\
\hline
97,200 & 97,250 & 20,943 & 16,681 & 21,355 & 19,159 \\
\hline
97,250 & 97,300 & 20,957 & 16,694 & 21,369 & 19,171 \\
\hline
97,300 & 97,350 & 20,971 & 16,706 & 21,383 & 19,184 \\
\hline
97,350 & 97,400 & 20,985 & 16,719 & 21,397 & 19,196 \\
\hline
97,400 & 97,450 & 20,999 & 16,731 & 21,411 & 19,209 \\
\hline
97,450 & 97,500 & 21,013 & 16,744 & 21,425 & 19,221 \\
\hline
97,500 & 97,550 & 21,027 & 16,756 & 21,439 & 19,234 \\
\hline
97,550 & 97,600 & 21,041 & 16,769 & 21,453 & 19,246 \\
\hline
97,600 & 97,650 & 21,055 & 16,781 & 21,467 & 19,259 \\
\hline
97,650 & 97,700 & 21,069 & 16,794 & 21,481 & 19,271 \\
\hline
97,700 & 97,750 & 21,083 & 16,806 & 21,495 & 19,284 \\
\hline
97,750 & 97,800 & 21,097 & 16,819 & 21,509 & 19,296 \\
\hline
97,800 & 97,850 & 21,111 & 16,831 & 21,523 & 19,309 \\
\hline
97,850 & 97,900 & 21,125 & 16,844 & 21,537 & 19,321 \\
\hline
97,900 & 97,950 & 21,139 & 16,856 & 21,551 & 19,334 \\
\hline
97,950 & 98,000 & 21,153 & 16,869 & 21,565 & 19,346 \\
\hline
\end{array}
\]
[/tex]

Options:
- [tex]\$20,957[/tex]
- [tex]\$16,694[/tex]
- [tex]\$20,943[/tex]

Answer :

To determine how much tax DeAndre has to pay based on his taxable income, we need to refer to the tax table provided for the Single filing status.

1. Identify DeAndre's taxable income:
DeAndre's taxable income is [tex]$97,257.

2. Locate the appropriate range in the tax table:
We need to find the row in the tax table where his income falls in the specified range. According to the instructions, his income is at least $[/tex]97,250.

3. Find the correct row and column in the tax table:
Look at the tax table provided, and find the row that covers incomes from [tex]$97,250 to $[/tex]97,300.

4. Read the tax amount for the Single filing status:
In the row for incomes between [tex]$97,250 and $[/tex]97,300, the tax amount listed under the "Single" column is [tex]$20,957.

Therefore, DeAndre would have to pay $[/tex]20,957 in taxes if he files with the Single status.