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Grajek is a self-employed nurse with 2020 salary income of $72,000.00 and taxable annual income federal and ) of $51,000.00 adjustments and deductions income tax
Grajek is a self-employed nurse with 2020 salary income of $72,000.00 and taxable annual income federal and ) of $51,000.00 adjustments and deductions income tax including federal and FICA taxes
According to the IRS tax table, Aliza's federal and state income tax liability for the
2020
tax year is
$enter your response here
Tax Rates and Brackets for Tax Year 2020 | |||||
Single Filers | |||||
Tax Bracket | If Taxable Income is: | The Tax is: | |||
10% | $0 to $9,875 | 10% of taxable income | |||
12% | $9,875 to $40,125 | $987.50 plus 12% of the amount over $9,875 | |||
22% | $40,125 to $85,525 | $4,617.50 plus 22% of the amount over $40,125 | |||
24% | $85,525 to $163,300 | $14,605.50 plus 24% of the amount over $85,525 | |||
32% | $163,300 to $207,350 | $33,271.50 plus 32% of the amount over $163,300 | |||
35% | $207,350 to $518,400 | $47,367.50 plus 35% of the amount over $207,350 | |||
37% | $518,400 or more | $156,235 plus 37% of excess over $518,400 | |||
Married Filing Joint Returns and Surviving Spouses | |||||
Tax Bracket | If Taxable Income is: | The Tax is: | |||
10% | $0 to $19,750 | 10% of taxable income | |||
12% | $19,750 to $80,250 | $1,975 plus 12% of the amount over $19,750 | |||
22% | $80,250 to $171,050 | $9,235 plus 22% of the amount over $80,250 | |||
24% | $171,050 to $326,600 | $29,211 plus 24% of the amount over $171,050 | |||
32% | $326,600 to $414,700 | $66,543 plus 32% of the amount over $326,600 | |||
35% | $414,700 to $622,050 | $94,735 plus 35% of the amount over $414,700 | |||
37% | $622,050 or more | $167,307.50 plus 37% of the amount over $622,050 |
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