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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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