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Annual taxable income ($) 0 - 10,200 10,200 34,750 34,750 90,250 90,250 195,200 195,200-400,000 400,000 and over Tax rate 0% 10% of excess over
Annual taxable income ($) 0 - 10,200 10,200 34,750 34,750 90,250 90,250 195,200 195,200-400,000 400,000 and over Tax rate 0% 10% of excess over 10,200 2,900 +20% of excess over 34,750 7,500 +25% of excess over 90,250 17, 250 + 28% of excess over 195,200 35,000+ 35% of excess over 400,000 Marie pays $6,330 in income tax a year. How much is her annual taxable income? Answer
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