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.
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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