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Here are the U.S. tax rates and their corresponding tax brackets based on filing status for single individuals (i.e. not corporations) If taxable income is:
Here are the U.S. tax rates and their corresponding tax brackets based on filing status for single individuals (i.e. not corporations)
If taxable income is: | Then income tax equals: |
Not over $9,875 | 10% of the taxable income |
Over $9,875 but not over $40,125 | $987.50 plus 12% of the excess over $9,875 |
Over $40,125 but not over $85,525 | $4,617.5 plus 22% of the excess over $40,125 |
Over $85,525 but not over $163,300 | $14,605.5 plus 24% of the excess over $85,525 |
Over $163,300 but not over $207,350 | $33,271.5 plus 32% of the excess over $163,300 |
Over $207,350 but not over $518,400 | $47,367.5 plus 35% of the excess over $207,350 |
Over $518,400 | $156,235 plus 37% of the excess over $518,400 |
Layla's taxable income for 2019 was $191,474. How much are her federal income taxes to the nearest dollar? Do not enter $ sign or thousands comma -> 1000 and not $1,000
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