Answer :
To determine the amount of tax Gina has to pay based on her taxable income of \[tex]$62,200, we can follow these steps using the provided tax table:
1. Locate the Range for Gina's Income:
- Gina's taxable income is \$[/tex]62,200. We need to find the range in the tax table where this income falls.
- According to the table, the income range \[tex]$62,150 to \$[/tex]62,200 matches Gina's taxable income.
2. Read the Tax Amount for the Income Range:
- Within the identified range (\[tex]$62,150 to \$[/tex]62,200), the tax amount listed is \[tex]$11,731.
Thus, based on Gina's taxable income of \$[/tex]62,200, she has to pay \$11,744 in taxes if she files as "Single" status.
1. Locate the Range for Gina's Income:
- Gina's taxable income is \$[/tex]62,200. We need to find the range in the tax table where this income falls.
- According to the table, the income range \[tex]$62,150 to \$[/tex]62,200 matches Gina's taxable income.
2. Read the Tax Amount for the Income Range:
- Within the identified range (\[tex]$62,150 to \$[/tex]62,200), the tax amount listed is \[tex]$11,731.
Thus, based on Gina's taxable income of \$[/tex]62,200, she has to pay \$11,744 in taxes if she files as "Single" status.
