S 6-19 Partner A, a single taxpayer, is one of two partners in a small business. As such, she receives pass-through income that is taxed at her personal tax rates. After all adjustments and deductions have been made, including the 20% qualified business income deduction, she is preparing to calculate her taxes owed for the year. Tax Rates-Single Taxpayers-2018 Range of taxable income Tax calculation Base tax + (Marginal rate x amount over base bracket) $0 to $9,525 $0 + (10% x amount over $0) 9,525 to 38,700 38,700 to 82,500 82,500 to 157,500 953 + 4,454 + 14,090 + (24% (12% (22% x amount over 9,525) x amount over 38,700) x amount over 82,500) 157,500 to 200,000 32,090 + (32% x amount over 157,500) 200,000 to 500,000 45,690 + (35% x amount over 200,000) Over 500,000 150,690 + (37% x amount over 500,000) NOTE: Using the tax rate schedule given above to answer questions 6 thru 19. Do not enter dollar or percent signs in your answers. Make sure to round off according to problem instructions. Question 6 The marginal tax rate for earnings before taxes of $ 15,000 is [A] %. (Round to the nearest integer.) 2 pts Question 7 2 pts The total taxes due for earnings before taxes of $15,000 is $[B]. (Important: Round to the nearest dollar.) Question 8 2 pts The marginal tax rate for earnings before taxes of $60,000 is [C] %. (Round to the nearest integer.) Question 9 The total taxes due for earnings before taxes of $60,000 is $[D]. (Round to the nearest dollar.) 2 pts Question 10 2 pts The marginal tax rate for earnings before taxes of $90,000 is [E] %. (Round to the nearest integer.) Question 11 The total taxes due for earnings before taxes of $90,000 is $[F]. (Round to the nearest dollar.) Question 12 The marginal tax rate for earnings before taxes of $150,000 is [G]%. (Round to the nearest integer.) 2 pts 2 pts Question 13 2 pts The total taxes due for earnings before taxes of $150,000 is $[H]. (Round to the nearest dollar.) Question 14 2 pts The marginal tax rate for earnings before taxes of $250,000 is [1] %. (Round to the nearest integer.) Question 15 The total taxes due for earnings before taxes of $250,000 is $[J]. (Round to the nearest dollar.) 2 pts Question 16 2 pts The marginal tax rate for earnings before taxes of $450,000 is [K] %. (Round to the nearest integer.) Question 17 2 pts The total taxes due for earnings before taxes of $450,000 is $[L]. (Round to the nearest dollar.) Question 18 The marginal tax rate for earnings before taxes of $ 1.0 million is [M] %. (Round to the nearest integer.) 2 pts Question 19 2 pts The total taxes due for earnings before taxes of $ 1.0 million is $[N]. (Round to the nearest dollar.)