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Nathan has $147,000 in taxable income this year. Using the income tax brackets below, calculate their total tax liability for this year. Tax Bottom of
Nathan has $147,000 in taxable income this year. Using the income tax brackets below, calculate their total tax liability for this year. Tax Bottom of Top of Bracket Tax Liability for Bracket Bracket Bracket 9% $0 $11,900 $1,072 17% $11,900 $38,900 $4,590 23% $38,900 $84,900 $10,580 31% $84,900 $253,900 $52,390 38% $253,900 $333,900 $30,400 44% $333,900 39,251.00 35,493.00 43,861.00 26,181.00
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