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Review the list of taxable income amounts below: (Click the icon to view the taxable income amoy (Click the icon to view the tax rate
Review the list of taxable income amounts below: (Click the icon to view the taxable income amoy (Click the icon to view the tax rate schedule.) Read the requirements a. Taxable income of $65,000. b. Taxable income of $110,000. C. Taxable income of $365,000. d. Taxable income of $680,000. a. Taxable income of $65,000. (Do not round interm hundredth percent, X.XX%.). Married, Filing Joint and Surviving Spouse If taxable income is: The tax is: Not over $19,400 ...... 10% of taxable income. Over $19,400 but not over $78,950 ...... $1,940.00 + 12% of the excess over $19,400. Over $78,950 but not over $168,400 ..... $9,086.00 + 22% of the excess over $78,950. Over $168,400 but not over $321,450 ... $28,765.00 + 24% of the excess over $168,400. Over $321,450 but not over $408,200 ... $65,497.00 + 32% of the excess over $321,450. Over $408,200 but not over $612,350 ... $93,257.00 + 35% of the excess over $408,200. Over $612,350 .......................$164,709. ...... $164,709.50 + 37% of the excess over $612,350. Scenario a. Print Done Federal income tax payable Average tax rate Marginal tax rate Print Print Done Done]
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