Ethan's taxable income is $87,525. Use this tax schedule to calculate the total amount he owes in taxes

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biglee201969 biglee201969

25-09-2017
Mathematics

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Ethan's taxable income is $87,525. Use this tax schedule to calculate the total amount he owes in taxes

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izearaholland izearaholland · Answer 1 · 2017-09-25T15:16:31+02:00

izearaholland izearaholland

25-09-2017

$18,617.75 is the answer
$87,525-$77,100=$10,425 (the amount over $77,100)
$10,425 x .28=$2,919 (the 28% taxed amount over $77,100)
$2,919+$15,698.75 (the already taxed amount in the chart)=$18,617.75

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SpookyTunic SpookyTunic · Answer 2 · 2020-07-22T23:50:31+02:00

SpookyTunic SpookyTunic

22-07-2020

Answer:18,617.75

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