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Determine the effective tax rate and income tax paid for 2 0 2 4 , given the following information: Determine the effective tax rate and

Determine the effective tax rate and income tax paid for 2024, given the following information:
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Determine the effective tax rate and income tax paid for 2024, given the following information: Federal Income Taxes MFJ/Surviving Spouse Taxable Income So - $23,200 $23,200- $94,300 $94,300 - $201,050 $201,050 - $383,900 $383,900 - $487,450 $487,450- $731,200 $731,200 or more MFJ Age 65+ Effective Tax Rate Tax Rate 10% 12% 24% 32% 37% Income Tax Paid Single Filer Taxable Income So - $11,600 $11,600 - $47,150 $47,150 - $100,525 $100,525 - $191,950 $191,950 - $243,725 $243,725 - $609,350 $609,350 or more Single Age 65+ Annual Withdrawal Effective Tax Rate 14,600.00 50,000.00 75,000.00 100,000.00 150,000.00 200,000.00 250,000.00 300,000.00 350,000.00 Tax Rate 10% 12% 24% 32% 37% Income Tax Paid Annual Withdrawal 29,200.00 50,000.00 75,000.00 100,000.00 150,000.00 200,000.00 250,000.00 300,000.00 350,000.00

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