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Taxable Income Tax Rate $0 - 50,000 15% 50,001 - 75,000 25 75,001- 100,000 34 100,000 - 335,000 39 335,001 - 10,000,000 34 100,000,001 -
Taxable Income | Tax Rate |
$0 - 50,000 | 15% |
50,001 - 75,000 | 25 |
75,001- 100,000 | 34 |
100,000 - 335,000 | 39 |
335,001 - 10,000,000 | 34 |
100,000,001 - 15,000,000 | 35 |
15,000,001 - 18,333,333 | 38 |
18,333,334 + | 35 |
The Anberlin Co. had $294,000 in 2011 taxable income. Use the tax rates from table shown to calculate the companys 2011 income taxes.
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