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What is Matthew's Total Tax Liability: Wages: $ 7 5 , 0 0 0 4 0 1 ( k ) contribution: $ 5 , 5

What is Matthew's Total Tax Liability:
Wages: $75,000
401(k) contribution: $5,500
Student Loan Interest: $2,000
Charitable Donations: $5,000
Rents an Apartment for $1,400/month
Standard Deduction: $12,950
Tax rate
Taxable income bracket
10%
$0 to $10,275.
12%
$10,276 to $41,775.
22%
$41,776 to $89,075.
24%
$89,076 to $170,050.
Group of answer choices
$7,484
$12,001
$7,618
$0

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