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You are single and your taxable income is $97,000. Which of the following is closest to your tax bill given the following tax brackets? Tax
You are single and your taxable income is $97,000. Which of the following is closest to your tax bill given the following tax brackets?
Tax bracket | Income Thresholds |
10% | $0 to $9,525 |
12% | $9,526 to $38,700 |
22% | $38,701 to $82,500 |
24% | $82,501 to $157,500 |
32% | $157,501 to $200,000 |
35% | $200,001 to $500,000 |
37% | More than $500,000 |
$23,280
$21,340
$17,570
$19,804
$13,540
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