This table shows the U.S. federal income tax rates from 2013. (Source: Internal Revenue Service) Rate Single Married Filing Jointly Married Filing Separately Head of Household 10% $0-$8,925 $0-$17,850 $0-$8,925 $0-$12,750 15% $8,925-$36,250 $17,850-$72,500 $8,925-$36,250 $12,750-$48,600 25% $36,250-$87,850 $72,500-$146,400 $36,250-$73,200 $48,600-$125,450 28% $87,850-$183,250 $146,400-$223,050 $73,200-$111,525 $125,450-$203,150 33% $183,250-$398,350 $223,050-$398,350 $111,525-$ 199,175 $203,150-$398,350 35% $398,350-$400,000 $398,350-$450,000 $199,175-$225,000 $398,350-$425,000 39.6% Over $400,000 Over $450,000 Over $225,000 Over $425,000 Each row shows the tax rate on a specific portion of the taxpayer's taxable income given their filing status. For example, suppose a taxpayer has a filing status of Single and a taxable income of $40,000. This means that the taxpayer owes 10% tax on the first $8,925, 15% tax on the amount over $8,925 up to $36,250, and 25% on the amount over $36,250 up to $40,000. If Kaitlin had a filing status of Head of Household and a taxable income of $116,319 in the year 2013, how much did she owe for federal income tax? Do not round any intermediate computations. Round your answer to the nearest dollar.
This table shows the U.S. federal income tax rates from 2013. (Source: Internal Revenue Service) Rate Single Married Filing Jointly Married Filing Separately Head of Household 10% $0-$8,925 $0-$17,850 $0-$8,925 $0-$12,750 15% $8,925-$36,250 $17,850-$72,500 $8,925-$36,250 $12,750-$48,600 25% $36,250-$87,850 $72,500-$146,400 $36,250-$73,200 $48,600-$125,450 28% $87,850-$183,250 $146,400-$223,050 $73,200-$111,525 $125,450-$203,150 33% $183,250-$398,350 $223,050-$398,350 $111,525-$ 199,175 $203,150-$398,350 35% $398,350-$400,000 $398,350-$450,000 $199,175-$225,000 $398,350-$425,000 39.6% Over $400,000 Over $450,000 Over $225,000 Over $425,000 Each row shows the tax rate on a specific portion of the taxpayer's taxable income given their filing status. For example, suppose a taxpayer has a filing status of Single and a taxable income of $40,000. This means that the taxpayer owes 10% tax on the first $8,925, 15% tax on the amount over $8,925 up to $36,250, and 25% on the amount over $36,250 up to $40,000. If Kaitlin had a filing status of Head of Household and a taxable income of $116,319 in the year 2013, how much did she owe for federal income tax? Do not round any intermediate computations. Round your answer to the nearest dollar.
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter3: Straight Lines And Linear Functions
Section3.3: Modeling Data With Linear Functions
Problem 18E: Tax Table Here are selected entries from the 2014 tax table that show the federal income tax owed by...
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Transcribed Image Text:This table shows the U.S. federal income tax rates from 2013. (Source: Internal Revenue Service)
Rate
Single
Married Filing Jointly Married Filing Separately
Head of Household
10%
$0-$8,925
$0-$17,850
$0-$8,925
$0-$12,750
15%
$8,925-$36,250
$17,850-$72,500
$8,925-$36,250
$12,750-$48,600
25%
$36,250-$87,850
$72,500-$146,400
$36,250-$73,200
$48,600-$125,450
28%
$87,850-$183,250
$146,400-$223,050 $73,200-$111,525
$125,450-$203,150
33%
$183,250-$398,350 $223,050-$398,350 $111,525-$199,175
$203,150-$398,350
35% $398,350-$400,000 $398,350-$450,000 | $199,175-$225,000
$398,350-$425,000
39.6% Over $400,000
Over $450,000
Over $225,000
Over $425,000
Each row shows the tax rate on a specific portion of the taxpayer's taxable income given their filing status. For example, suppose a taxpayer has a filing status
of Single and a taxable income of $40,000. This means that the taxpayer owes 10% tax on the first $8,925, 15% tax on the amount over $8,925 up to
$36,250, and 25% on the amount over $36,250 up to $40,000.
If Kaitlin had a filing status of Head of Household and a taxable income of $116,319 in the
year 2013, how much did she owe for federal income tax?
Do not round any intermediate computations. Round your answer to the nearest dollar.
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