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state of indiana Income Tax Question: Four Points 28. Suzle is a single person earning $100,000 per year. She has no dependents, will pay $7,500

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Income Tax Question: Four Points 28. Suzle is a single person earning $100,000 per year. She has no dependents, will pay $7,500 in mortgage interest, and $4.500 in local property taxes in 2017. a. Given only this information, and using the income tax table provided below, how much will she pay in federal income taxes in 2017? $_ b. What is her effective tax rate after considering deductions? Table 1. Single Taxable Income Tax Brackets and Rates, 2017 Taxable income Bracket 10% 15% 25% 28% $0 to $9,325 $9,325 to $37,950 $37,950 to $91,900 $91,900 to $191,650 $191,650 to $416,700 $416,700 to $418,400 $418,400+ 33% 35% 39.60%

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