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Using the below 2018 tax schedule, calculate the Federal income tax for a taxable income of $11,000. Federal Inc Tax Schedule Marginal Rates Taxable income
Using the below 2018 tax schedule, calculate the Federal income tax for a taxable income of $11,000. Federal Inc Tax Schedule Marginal Rates Taxable income 2018 $ to $ 9,525.00 10% $ 9,525.01 to $ 38,700.00 12% $ 38,700.01 to $ 82,500.00 22% $ 82,500.01 to $ 157,500.00 24% $ 157,500.01 to $ 200,000.00 32% $ 200,000.01 to $500,000.00 35% $ 500,000.01 and above 37%
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