If Erika earns $50,000 from her job as an accountant, how much federal income tax does she owe based on the above table? Erika also has $10,000 of nontaxable income.
 

• What is Tameka's marginal tax rate, that is, on the highest dollar?
• What is Tameka's average tax rate?
• What is Tameka's effective tax rate?

 

2022 Tax Rate Schedules Individuals Schedule X-Single If taxable income is over: But not over: 0 $ 10,275 S $10,275 $ 41,775 $ 89,075 $ 41,775 $ 89,075 $ 170,050 $ 215,950 $ 539,900 $ 170,050 $215,950 $ 539,900 Schedule Y-1-Married Filing Jointly or Qualifying Widow(er) If taxable income is over: But not over: 0 S $ 20,550 $ 83,550 $ 178,150. $340,100 $431,900 $647,850 Schedule Z-Head of Household If taxable income is over: But not over: 0 $ 14,650 $ 55,900 $ 89,050 $ 170,050 $ 215,950 $ 539,900 $ $ 14,650 $ 55,900 $ 20,550 $ 83,550 $ 178,150 $ 340,100 $ 431,900 $ 647,850 $ 89,050 $ 170,050 $215,950 $539,900 The tax is: 10% of taxable income $1,027.50 plus 12% of the excess over $10,275 $4,807.50 plus 22% of the excess over $41,775 $15,213.50 plus 24% of the excess over $89,075 $34,647.50 plus 32% of the excess over $170,050 $49,335.50 plus 35% of the excess over $215,950 $162,718 plus 37% of the excess over $539,900 The tax is: 10% of taxable income $2,055 plus 12% of the excess over $20,550 $9,615 plus 22% of the excess over $83,550 $30,427 plus 24% of the excess over $178,150 $69,295 plus 32% of the excess over $340,100 $98,671 plus 35% of the excess over $431,900 $174,253.50 plus 37% of the excess over $647,850 The tax is: 10% of taxable income $1,465 plus 12% of the excess over $14,650 $6,415 plus 22% of the excess over $55,900 $13,708 plus 24% of the excess over $89,050 $33,148 plus 32% of the excess over $170,050 $47,836 plus 35% of the excess over $215,950 $161,218.50 plus 37% of the excess over $539,900