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3. 2020 U.S. Federal Tax Rates Taxable income Tax rate $0-$9,875 10% $9,875-$40,125 12% $40,125-$85,525 22% $85,525-$163,300 24% $163,300-$207,350 32% $207,350-$518,400 35% Over $518,400 37%

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3. 2020 U.S. Federal Tax Rates Taxable income Tax rate $0-$9,875 10% $9,875-$40,125 12% $40,125-$85,525 22% $85,525-$163,300 24% $163,300-$207,350 32% $207,350-$518,400 35% Over $518,400 37% Using the table, what is the total federal income tax bill for someone who makes $67,000 per year? $16,750 $14,740 $11, 169 $10,530 $9,700

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