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5 Using the 2018 tax brackets given below, calculate the taxes owed for a single person with a taxable income of $45,000. 2018 Income
5 Using the 2018 tax brackets given below, calculate the taxes owed for a single person with a taxable income of $45,000. 2018 Income Tax Brackets ess Rate Individuals 10% Up to $9,525 12% $9,526 to $38,700 22% 38,701 to $82,500 Married Filing Jointly Up to $19,050 $19,051 to $77,400 $77,401 to $165,000 24% $82,501 to $157,500 $165,001 to $315,000 32% $157,501 to $200,000 $315,001 to $400,000 35% $200,001 to $500,000 $400,001 to $600,000 37% over $500,000 over $600,000 $5,019.50 $9,900.50 $5,839.50 $5,400.50
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