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.
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.