the federal income tax rate schedule for a person filling a single return in 2018 is shown here. answer parts (a) and (b)a.) shenile works as a student tutor and paid $889 in federal taxes in 2018. determine shenile's taxable income.

the federal income tax rate schedule for a person filling a single return in 2018 is shown here answer parts a and ba shenile works as a student tutor and paid class=

Respuesta :

We have the following:

The first thing to do is locate Sheline's pay on the table.

We can see that it is in the first range of $ 0 - $ 9525, and its tax is better than $ 952.5, in this case it is 10% of its taxable income

Therefore,

[tex]\begin{gathered} 889=0.1\cdot x \\ x=\frac{889}{0.1}=8890 \end{gathered}[/tex]

Which means that shenile's taxable income is $ 8890

ACCESS MORE