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Gillian has $174,000 in taxable income this year. Tax Bracket Bottom of Bracket Top of Bracket Tax Liability for Bracket 9% $0 $9,300 $837 13%
Gillian has $174,000 in taxable income this year. | |||
Tax Bracket | Bottom of Bracket | Top of Bracket | Tax Liability for Bracket |
9% | $0 | $9,300 | $837 |
13% | $9,300 | $44,300 | $4,550 |
18% | $44,300 | $114,300 | $12,600 |
21% | $114,300 | $214,300 | $21,000 |
27% | $214,300 | $414,300 | $54,000 |
30% | $414,300 | ||
Calculate their total tax liability for this year. |
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