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32. LO Abeni calculated her 2018 taxable income to be $102 450. How much federal income tax should she report? Refer Table 3.30. Table 3.3

32. LO Abeni calculated her 2018 taxable income to be $102 450. How much federal income tax should she report? Refer Table 3.30. Table 3.3 2018 Federal Income Tax Brackets and Tax Rates (OS. A. Hummelbrunner) Taxable Income (income tax brackets) Tax Rates $46 605 or less Over $46 605 up to $93 208 Over $93 208 up to $144 489 Over $144 489 up to $205 842 Over $205 842 15% of taxable income less than or equal to $46 605; plus 20.5% of taxable income greater than $46 605 and less than or equal to $93 208; plus 26% of taxable income greater than $93 208 and less than or equal to $144 489; plus 29% of taxable income greater than $144 489 and less than or equal to $205 842; plus 33% of taxable income greater than $205 842

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