College

On the table, select the amount of income tax due for a single person with a taxable income of [tex]$57,620[/tex].

\[
\begin{array}{|c|c|c|c|c|c|}
\hline
\multicolumn{2}{|l|}{\text{Taxable income is-}} & \multicolumn{4}{|c|}{\text{And you are-}} \\
\hline
\text{At least} & \text{But less than} & \text{Single} & \text{Married filing jointly} & \text{Married filing separately} & \text{Head of household} \\
\hline
& & \multicolumn{4}{|c|}{\text{Your tax is-}} \\
\hline
57,000 & 57,050 & 9,995 & 7,621 & 9,995 & 8,509 \\
57,050 & 57,100 & 10,008 & 7,629 & 10,008 & 8,521 \\
57,100 & 57,150 & 10,020 & 7,636 & 10,020 & 8,534 \\
57,150 & 57,200 & 10,033 & 7,644 & 10,033 & 8,546 \\
57,200 & 57,250 & 10,045 & 7,651 & 10,045 & 8,559 \\
57,250 & 57,300 & 10,058 & 7,659 & 10,058 & 8,571 \\
57,300 & 57,350 & 10,070 & 7,666 & 10,070 & 8,584 \\
57,350 & 57,400 & 10,083 & 7,674 & 10,083 & 8,596 \\
57,400 & 57,450 & 10,095 & 7,681 & 10,095 & 8,609 \\
57,450 & 57,500 & 10,108 & 7,689 & 10,108 & 8,621 \\
\hline
\end{array}
\]

Based on the table, you would need to find the correct bracket for a taxable income of [tex]$57,620[/tex].

Answer :

To determine the amount of income tax due for a single person with a taxable income of [tex]$57,620, we need to refer to the table provided. The table shows different taxable income ranges and the corresponding tax amounts for various filing statuses.

1. Identify the correct income range: First, we need to find where $[/tex]57,620 fits in the listed ranges in the table. The ranges are given as intervals between two values, like [tex]$57,000 to $[/tex]57,050, [tex]$57,050 to $[/tex]57,100, and so on.

2. Look for the relevant interval: Scan through the intervals to locate where [tex]$57,620 falls. All intervals listed in the table end before reaching $[/tex]57,620. The intervals shown only go up to [tex]$57,500.

3. Conclude on Tax Amount: Since $[/tex]57,620 is higher than the last interval specified in the table, the table does not provide a matching bracket for this taxable income. Without further information or a specified interval that includes [tex]$57,620, we cannot determine a tax amount from the provided data.

Therefore, there is no applicable tax amount for a taxable income of $[/tex]57,620 according to the given table.