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Find The tax owed is

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Reference no: EM132531572

Use the marginal tax rates in the table below to compute the tax owed in the following situation.

Sarah

  • Sarah is single and had taxable income of ?$36000

Rate                                 Single Married                   Filing Separately

10%                             up to $8,925                      up to $8,925

15%                            up to $36,250                up to $36,250

25%                            up to $87,850              up to $73,200

28%                          up to $183,250               up to $111,525

33%                          up to $398,350                up to $199,175

35%                              up to $400,000           up to $400,000

standard deduction                    $6100                             $6100

exemption (per person)       $3900                             $3900

Question 1: What The tax owed is

Reference no: EM132531572

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