Question

Use this tax table to find how much tax you need to pay on a taxable income of $40,000.

A.) $6,423.75

B.) $8,150.50

C.) $12,536.25

Answer 1

Well, you look at the tax table and you will look and see what section the  40,000 belongs in and go from there.

So you will take
40,000-31,850=8,150
Then you take 
8,150*25%(0.25)=2,037.50
Finally you will take
2,037.50+4,386.25=6,423.75

Answer 2

A.) $6,423.75

(for Plato users)