The X Corporation has a profit income total of $295,000 in 2015. How much the total tax liability of X Corporation for 2015? Using the following tax rate: Over But not over Tax Rate $50,000.00 15% $50,000.00 $75,000.00 20% $75,000.00 $100,000.00 35% $100,000.00 $335,000.00 39% $335,000.00 $500,000.00 45%

The X Corporation has a profit income total of $295,000 in 2015. How much the total tax liability of X Corporation for 2015? Using the following tax rate But not over Tax Rate Over $50,000.00 15% $50,000.00 $75,000.00 20% $75,000.00 $100,000.00 35% $100,000.00 $335,000.00 39% $335,000.00 $500,000.00 45%