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Paul is a head of household with a taxable income of $92,000. He is entitled to a $8000 tax credit. Compute his tax owed using
Paul is a head of household with a taxable income of $92,000. He is entitled to a $8000 tax credit. Compute his tax owed using the table below. 10% 15% Head of Tax Rate Single Household up to $8,925 up to $12,750 up to $36,250 up to $48,600 25% up to $87,850 up to $125,450 28% up to $183,250 up to $203,150 33% up to $398,350 up to $398,350 35% up to $400,000 up to $425,000 standard $6100 $8950 deduction exemption (pers 3900 person) p000 $3900
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