question 11
Seve Bum 11 Marc, a single tapaver.com 562.000 in taxable income and $5.200 in interest from an investment in city of Elmingham bonds. Using me US, tax rate schedule for 2020 how much federal tax wil he owe (Round your final answer to the nearest whole dollar) (Ose tax rateschedule Mih 24 24 S70 O 59450 548 None of the choice to 2020 Tax Rate Schedules Individuals Schedule X Single Ir table income is over But not over The taxis $ 0 $ 9,875 10% of taxable income $9.875 5 40,125 3917 50 plus 127 of the excess over 25 $ 40,135 585825 51,617 50 plus 229 of the exceOver $10.025 5.85525 ST6100 S14,605 50 plus 20% of the excover 88825 $163,300 $207,350 333 27150 plur 325 of the ten Over 576,300 $207,350 $518 400 54736750 plus 35% of the excess over $207350 SS18.400 5156,235 plus 37% of the excess over SS100 Schedule Y-I Married Filing Jointly or Qualifying Widower) ir taxable income is over: But not over: The taxi $ 0 $ 19,750 10% of taxable income $ 19,750 S 80,250 $1,925 plus 12% of the excess over 12X750 $ 80.250 S171.050 59.235 plus 22% of the excess 80250 $171.050 $326 600 $29,211 plus 24% of the excess over S171.050 $326,600 $414,700 $66,543 plus 32% of the excess over $126.600 $414,700 $622,050 $94.735 plus 35% of the excess over $414,700 $622,050 $16730730 plus 37% of the excess over $622050 Schedule 2 Head of Household If taxable income is over: But not over: The tax is: $ 0 S 14.100 10% of taxable income $ 14,100 $ 33,700 $1.410 plus 12% of the excess over $14,100 $ 53,700 $ 85.500 $6,162 plus 22% of the excess over S53,700 $ 85,500 S163,300 $13.158 plus 249 of the excess over $83.300 $163,300 $207,350 $31.830 plus 32% of the excess over $163,300 $207,350 $518,400 45.926 plus 35% of the excess over $207,350 $518,400 $134,793.50 plus 3796 of the excess over SS18,400 $ 85,525 $1633300 $207,350 $518,400 S163,300 $207,350 $518 400 514.605 50 plus 243 of the excess over 585 25 $33,271 Sophus 32% of the excess over $163.300 $47.367 50 plus 35% of the excess over $207350 5156235 plus 37% of the excess over $518.400 Schedule Y 1 Married Filing Jointly or Qualifying Widower) Ir taxable income is over: But not over The tax ist $ 0 S 19.750 10% of taxable income $ 19,750 $ 80,250 51.975 plus 12% of the excess over $19.750 $ 80,250 5171.050 59.235 plus 22% of the excess over $80, 250 $171 050 $326 600 $29.211 plus 24% of the exces Over S121050 $326,600 $414,700 566543 plus 32% of the excess over $126.600 $114,700 5622,050 591,735 plus 35% of the excess over $4142200 5622050 5167307 50 plus 37% of the excess over 56227050 Schedule 2 Head of Household Ir taxable income is over: But not over: The tax is: $ 0 $ 14,100 10% of taxable income $ 14,100 5:53,700 $1.410 plus 12% of the excess over $14.100 $ 53,700 $ 85,500 $6,162 ples 22% of the excess over $53,700 $.85,500 $163,300 $13,158 plus 24% of the excess over $85,500 $163,300 $207,350 $31.830 plus 32% of the excess over $163,300 $207,350 $518,400 $45,926 plus 35% of the excess over $207,350 $518,400 $154,793 50 plus 37% of the excess over $$18.400 Schedule Y 2 Married Filing Separately Ir taxable income is over: But not over: The tax is: $ 0 $ 9.875 10% of taxable income $ 9,875 $ 40,125 S987.50 plus 12% of the excess over $9.875 $ 40,125 $ 85,525 $4.617.50 plus 22% of the excess over $40.125 $ 85,525 $163,300 $14,605 50 plus 249 of the excess over $85,525 $163,300 $207 350 $33,271.50 plus 32% of the excess over $163,300 $207 350 $311025 S47367.50 plus 35% of the excess over $207350 S311.025 $83.653.75 plus 379 of the excess over $311,025