Answer :
To determine how much tax Nadia needs to pay, we need to locate her taxable income within the appropriate tax bracket from the table provided. Nadia's taxable income is [tex]$62,650, and she is filing with the "Single" status. Let's go through the steps to find the correct tax bracket and the corresponding tax amount.
1. Locate the Income Range:
- We check the income ranges given in the table to find where $[/tex]62,650 falls.
- The relevant row for Nadia's income is the range from [tex]$62,650 to $[/tex]62,700.
2. Determine the Tax Amount:
- For the income range [tex]$62,650 to $[/tex]62,700, the tax amount listed is [tex]$11,856 for the "Single" filing status.
Therefore, Nadia has to pay $[/tex]11,856 in taxes for her taxable income of $62,650.
1. Locate the Income Range:
- We check the income ranges given in the table to find where $[/tex]62,650 falls.
- The relevant row for Nadia's income is the range from [tex]$62,650 to $[/tex]62,700.
2. Determine the Tax Amount:
- For the income range [tex]$62,650 to $[/tex]62,700, the tax amount listed is [tex]$11,856 for the "Single" filing status.
Therefore, Nadia has to pay $[/tex]11,856 in taxes for her taxable income of $62,650.
