Answer :
To determine how much tax Trudy has to pay on her taxable income of [tex]$99,650, we need to consult the tax table provided for someone with the Single filing status.
1. Locate the Correct Income Bracket:
First, we need to find where Trudy's income of $[/tex]99,650 falls within the tax table brackets. According to the table, [tex]$99,650 fits within the bracket of $[/tex]99,600 to [tex]$99,700. This means her taxable income is between $[/tex]99,600 and [tex]$99,700.
2. Identify the Tax Amount:
For the Single filing status, the tax corresponding to the income bracket of $[/tex]99,600 to [tex]$99,700 is explicitly given. In this case, the tax amount is $[/tex]21,629.
Therefore, Trudy must pay [tex]$21,629 in taxes for her taxable income of $[/tex]99,650 under the Single filing status.
1. Locate the Correct Income Bracket:
First, we need to find where Trudy's income of $[/tex]99,650 falls within the tax table brackets. According to the table, [tex]$99,650 fits within the bracket of $[/tex]99,600 to [tex]$99,700. This means her taxable income is between $[/tex]99,600 and [tex]$99,700.
2. Identify the Tax Amount:
For the Single filing status, the tax corresponding to the income bracket of $[/tex]99,600 to [tex]$99,700 is explicitly given. In this case, the tax amount is $[/tex]21,629.
Therefore, Trudy must pay [tex]$21,629 in taxes for her taxable income of $[/tex]99,650 under the Single filing status.
