Question

What is the tax due for a single taxpayer reporting a taxable income of $65,725?


And you are


If line 43


(taxable


income) is-


At


But


least less


than


Single


Married Married Head of


filing filing household


jointly separately


Your tax is-


65,000


65,000 65,050


65,050 65,100


65,100 65,150


65,150 65.200


11,995


12,008


12,020


12033


8,821


8,829


8,836


SQM


11,995


12,008


12,020


1202


10,509


10,521


10,534

Answer 1

Answer:

$Tax = \ 14459.5$

Explanation:

The question has a lot of confusing and unclear details. I will just answer the part that requests for the amount of tax to be paid by the single person given the taxable income of $65,725

Given

$Taxable\ Income = \ 65725$

Status: Single

Required

Determine the tax amount

For a single person whose taxable income is within the range of $39,476 - $84,200, the tax is 22% of the taxable income.

So, we have:

$Tax = 22\% * Taxable\ Income$

$Tax = 22\% * \ 65725$

$Tax = 0.22 * \ 65725$

$Tax = \ 14459.5$