Flexible Spending (More Practice)

  • Due Feb 23, 2020 at 11:59pm
  • Points 10
  • Questions 2
  • Time Limit None

Instructions

Use the tax table and answer the following questions.

Tax Table

If taxable income is over--

But not over--

The tax is:

$0

$16,750

10% of the amount over $0

$16,750

$68,000

$1,675.00 plus 15% of the amount over 16,750

$68,000

$137,300

$9,362.50 plus 25% of the amount over 68,000

$137,300

$209,250

$26,687.50 plus 28% of the amount over 137,300

$209,250

$373,650

$46,833.50 plus 33% of the amount over 209,250

$373,650

no limit

$101,085.50 plus 35% of the amount over 373,650

 

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