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Federal Income Tax Rates For the Year 2022 From To Amount Tax Rate Maximum Tax Cumulative Tax - 50,197 50,197 15.0% 7,529.55 7,529.55 50,197 100,392
Federal Income Tax Rates |
For the Year 2022 |
From | To | Amount | Tax Rate | Maximum Tax | Cumulative Tax |
- | 50,197 | 50,197 | 15.0% | 7,529.55 | 7,529.55 |
50,197 | 100,392 | 50,195 | 20.5% | 10,289.98 | 17,819.53 |
100,392 | 155,625 | 55,233 | 26.0% | 14,360.58 | 32,180.11 |
155,625 | 221,708 | 66,083 | 29.0% | 19,164.07 | 51,344.18 |
221,708 | infinity | 33.0% |
Using the above tax rates, what is the amount of federal tax owed on an income of 74107? Answer to two decimals. Do not use commas or $ signs.
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