Taxable income of ($ 63,500). Find the income tax owed using the taxable income and the tax
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Taxable income of \(\$ 63,500\).
Find the income tax owed using the taxable income and the tax table below, for a person filing single.
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Bracket Lower Income Limit Upper Income Limit Tax Rate 1 0 $10,275 10% 2 $10,276 $41,775 12% 3 $41,776 $89,075 22% 4 $89,076 $170,050 24% 5 $170,051 $215,950 32% 6 $215,951 $539,900 35% 7 $539,901 37%
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