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Using the tax table, determine the amount of taxes for the following situations: (Do not round intermediate calculations. Round your answers to 2 decimal places.)
Using the tax table, determine the amount of taxes for the following situations: (Do not round intermediate calculations. Round your answers to 2 decimal places.)
a. A head of household with taxable income of $62,500.
b. A single person with taxable income of $37,700.
c. Married taxpayers filing jointly with taxable income of $73,500.
\begin{tabular}{crrr} RateonTaxableIncome & Mingle Taxpayers & Married Taxpayers Filing & \\ 10% & Up to $9,875 & Jointly & Heads of Household \\ 12% & $9,876$40,125 & Up to $19,750 & Up to $14,100 \\ 22% & $40,126$85,525 & $19,751$80,250 & $14,101$53,700 \\ 24% & $85,526$163,300 & $80,251$171,050 & $53,701$85,500 \\ 32% & $163,301$207,350 & $171,051$326,600 & $85,501$163,300 \\ 35% & $207,351$518,400 & $326,601$414,700 & $163,301$207,350 \\ 37% & Over $518,401 & $414,701$622,050 & $207,351$518,400 \\ \hline & Over $622,051 & Over $518,401 \end{tabular}
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