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2007 Federal Income Tax Table Single: Over But not over The tax is 90 $0 $7,825 10% of the amount over $0 $7,825 $31,850
2007 Federal Income Tax Table Single: Over But not over The tax is 90 $0 $7,825 10% of the amount over $0 $7,825 $31,850 $788+15% of the amount over $7,825 $31,850 $77,100 $4,386 +25% of the amount over $31,850 $77,100 $160,850 $15,699 +28% of the amount over $77,100 $160,850 $349,700 $39,149 +33% of the amount over $160,850 $349,700 And Over $101,469 +35% of the amount over $349,700 Jason earned $30,900 in taxable income. He figured his tax from the single taxpayer table above. 1. Found his earned income level. 2. Entered the base amount. 3. Found the amount over $7,825. = 4. Multiplied line 3 by 15% =
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