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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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