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09-12-2017
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use the tax table to find how much tax you need to pay on a taxable income of 40,000

use the tax table to find how much tax you need to pay on a taxable income of 40000 class=

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texaschic101 texaschic101

09-12-2017

taxable income for 40,000.....4386.25 + 25% of the amount over 31,850

4386.25 + 0.25(40,000 - 31,850) =
4386.25 + 0.25(8150) =
4386.25 + 2037.50 =
6423.75 <===

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