Based on his tax bracket, calculate Jay's tax liability. ILLUSTRATION 4.3.1 Federal Tax Brackets and Associated...
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Based on his tax bracket, calculate Jay's tax liability. ILLUSTRATION 4.3.1 Federal Tax Brackets and Associated Tax Rates for Single Filers in 2023 If your taxable income is over of the amount over but not over your tax is $0 $11,000 10% $0 $11,000 $44,725 $1,100+12% $11,000 $44,725 $95,375 $5,147 +22% $44,725 $95,375 $182,100 $16,290 + 24% $95,375 $182,100 $231,250 $37,104 +32% $182,100 $231,250 $578,125 $52,832 + 35% $231,250 $578,125 $174,238.25+37% $578,125 Based on his tax bracket, calculate Jay's tax liability. ILLUSTRATION 4.3.1 Federal Tax Brackets and Associated Tax Rates for Single Filers in 2023 If your taxable income is over of the amount over but not over your tax is $0 $11,000 10% $0 $11,000 $44,725 $1,100+12% $11,000 $44,725 $95,375 $5,147 +22% $44,725 $95,375 $182,100 $16,290 + 24% $95,375 $182,100 $231,250 $37,104 +32% $182,100 $231,250 $578,125 $52,832 + 35% $231,250 $578,125 $174,238.25+37% $578,125
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