Answer :
- Identify the income range containing $97,450 in the tax table.
- Locate the 'Single' filing status column.
- Find the value at the intersection of the identified row and column.
- Garth has to pay $\boxed{$21,013}$ in taxes.
### Explanation
1. Analyze the problem
Garth's taxable income is $97,450, and he files as Single. We need to use the tax table to find the corresponding tax amount.
2. Find the income range
We look for the row where the income range includes $97,450. The row '97,450 97,500' contains Garth's income.
3. Determine the tax amount
In that row, we find the 'Single' filing status column. The value in that column is $21,013.
4. Final Answer
Therefore, Garth has to pay $21,013 in taxes.
### Examples
Tax tables are used by individuals and businesses to determine the amount of income tax they owe to the government. Understanding how to read and use a tax table is essential for accurate tax filing and financial planning. For example, if you know your taxable income and filing status, you can use the tax table to quickly find the corresponding tax amount, helping you budget and plan your finances effectively. This skill is also useful for estimating your tax liability throughout the year, allowing you to make informed financial decisions.
- Locate the 'Single' filing status column.
- Find the value at the intersection of the identified row and column.
- Garth has to pay $\boxed{$21,013}$ in taxes.
### Explanation
1. Analyze the problem
Garth's taxable income is $97,450, and he files as Single. We need to use the tax table to find the corresponding tax amount.
2. Find the income range
We look for the row where the income range includes $97,450. The row '97,450 97,500' contains Garth's income.
3. Determine the tax amount
In that row, we find the 'Single' filing status column. The value in that column is $21,013.
4. Final Answer
Therefore, Garth has to pay $21,013 in taxes.
### Examples
Tax tables are used by individuals and businesses to determine the amount of income tax they owe to the government. Understanding how to read and use a tax table is essential for accurate tax filing and financial planning. For example, if you know your taxable income and filing status, you can use the tax table to quickly find the corresponding tax amount, helping you budget and plan your finances effectively. This skill is also useful for estimating your tax liability throughout the year, allowing you to make informed financial decisions.
