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Myra has $115,000 in taxable income this year. Tax Bottom of Bracket Bracket Top of Bracket Tax Liability for Bracket 10% 15% 21% $0 $10,100

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Myra has $115,000 in taxable income this year. Tax Bottom of Bracket Bracket Top of Bracket Tax Liability for Bracket 10% 15% 21% $0 $10,100 $45,100 $115,100 $215,100 $415,100 $10,100 $45,100 $115,100 $215,100 $415,100 $1,010 $5,250 $14,700 $27,000 $70,000 27% 35% 39% Calculate their total tax liability for this year

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