Answer :
To find out how much tax Nadia has to pay based on her taxable income, we need to look at the tax table designed for "Single" status filers.
1. Identify Nadia's Taxable Income:
Nadia's taxable income is [tex]$62,650.
2. Locate the Correct Tax Bracket:
We need to find the range in the tax table where her income falls.
3. Check the Tax Table for Single Status:
Based on the table, these are the relevant rows:
- If taxable income is at least $[/tex]62,600 but less than [tex]$62,650, the tax is $[/tex]11,844.
- If taxable income is at least [tex]$62,650 but less than $[/tex]62,700, the tax is [tex]$11,856.
4. Determine the Tax Amount:
Since Nadia's taxable income is exactly $[/tex]62,650, it falls into the range of [tex]$62,650 to $[/tex]62,700, which corresponds to a tax amount of [tex]$11,856.
Therefore, Nadia has to pay $[/tex]11,856 in taxes.
1. Identify Nadia's Taxable Income:
Nadia's taxable income is [tex]$62,650.
2. Locate the Correct Tax Bracket:
We need to find the range in the tax table where her income falls.
3. Check the Tax Table for Single Status:
Based on the table, these are the relevant rows:
- If taxable income is at least $[/tex]62,600 but less than [tex]$62,650, the tax is $[/tex]11,844.
- If taxable income is at least [tex]$62,650 but less than $[/tex]62,700, the tax is [tex]$11,856.
4. Determine the Tax Amount:
Since Nadia's taxable income is exactly $[/tex]62,650, it falls into the range of [tex]$62,650 to $[/tex]62,700, which corresponds to a tax amount of [tex]$11,856.
Therefore, Nadia has to pay $[/tex]11,856 in taxes.