Paul is a student who works after school and weekends at a local fast-food restaurant. His total gross income from his job is $9,500. Using his standard deduction of $12,950 and the 2022 tax tables, how much in taxes would Paul have to pay?
US Tax Rates for 2022 separated by those filing as Single and those filing as Married Filing Jointly. The tax brackets are as follows for those filing as Single: the tax rate is 10% on taxable income between $0 and $10,275, the tax rate is 12% on taxable income between $10,276 and $41,775, the tax rate is 22% on taxable income between $41,776 and $89,075, the tax rate is 24% on taxable income between $89,076 and $170,050, the tax rate is 32% on taxable income between $170,051 and $215,950, the tax rate is 35% on taxable income between $215,951 and $539,900, and the tax rate is 37% on all taxable income over $539,901. The tax brackets are as follows for those filing as Married Filing Jointly: the tax rate is 10% on taxable income between $0 and $20,550, the tax rate is 12% on taxable income between $20,551 and $83,550, the tax rate is 22% on taxable income between $83,551 and $178,150, the tax rate is 24% on taxable income between $178,151 and $340,100, the tax rate is 32% on taxable income between $340,101 and $431,900, the tax rate is 35% on taxable income between $431,901 and $647,850, and the tax rate is 37% on all taxable income over $647,851.
A. 10%
B. 0%
C. 12%
D. 22%
8 of 10
