Answer :
To find out how much tax Garth needs to pay based on his taxable income of [tex]$97,450 and the provided tax table for the Single status, follow these steps:
1. Identify the Tax Bracket:
- Look for the range in the tax table that includes Garth's taxable income of $[/tex]97,450.
- According to the tax table, the bracket that covers the income from [tex]$97,450 to $[/tex]97,500 applies to Garth.
2. Find the Tax Amount:
- In the row where "At least" is [tex]$97,450 and "But less than" is $[/tex]97,500, the corresponding tax amount for the Single status is listed as [tex]$21,013.
Therefore, Garth would have to pay a tax of $[/tex]21,013.
1. Identify the Tax Bracket:
- Look for the range in the tax table that includes Garth's taxable income of $[/tex]97,450.
- According to the tax table, the bracket that covers the income from [tex]$97,450 to $[/tex]97,500 applies to Garth.
2. Find the Tax Amount:
- In the row where "At least" is [tex]$97,450 and "But less than" is $[/tex]97,500, the corresponding tax amount for the Single status is listed as [tex]$21,013.
Therefore, Garth would have to pay a tax of $[/tex]21,013.
