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Determine the amount of taxes for the situations

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Using the tax table, determine the amount of taxes for the following situations: (Do not round intermediate calculations. Round your answers to 2 decimal places.)

a. A head of household with taxable income of $60,000.

b. A single person with taxable income of $37,000.

c. Married taxpayers filing jointly with taxable income of $73,000.

Rate of Taxable Income Single Taxpayers Married filing Jointly Heads of Household

10% Up to $9,875 Up to $19, 750 Up to $14,100

12% $9,876 -$40,125 $19,751 - $80,250 $14,101 - $53,700

22% $40,126 -$85,525 $80,251 - $171, 050 $53,701 - $85,500

24% $85,526 -$163,300 $171, 051 - $326,600 $85,501 - $163,300

32% $163,301 - $207,350 $326,601 - $414,700 $163,3001 - $207,350

35% $207,351 - $518,400 $414,701 - $622,050 $207,351 - $518,400

37% Over $518, 401 Over $622,051 Over $518,401

Reference no: EM133001880

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