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Mathematics, 29.04.2021 08:20 bananaslada

2007 Federal Income Tax Table Single:
Over
But not over
The tax is
$0
$7,825
10% of the amount over $0
$7,825
$31,850
$788 +15% of the amount over $7,825
$31,850
$77,100
$4,386 + 25% of the amount over $31,850
$77,100
$160,850
$15,699 + 28% of the amount over $77,100
$160,850 $349,700
$39,149 + 33% of the amount over $160,850
$349,700 And Over
$101,469 + 35% of the amount over $349,700
Tim Tradesman estimates his taxable income will be $7,500. He is paid every two weeks or 26 times a year. Because
Tim has only one source of income, he uses the Tax Tables to estimate how much will be deducted form his pay for
withholding.

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Answers: 3

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2007 Federal Income Tax Table Single:
Over
But not over
The tax is
$0
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