Determine the amount of taxes for the following, Financial Management

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Determine the amount of taxes for the following

Determine the amount of taxes for the following situations: (Do not round intermediate calculations. Round your answers to 2 decimal places.)

1. A head of househole with taxable income of 55,00. Tax Amount________. "tax table" (49,401-127,550) @ 25%

2. Married taxpayers filing jointly with taxable income of 72,000_________."tax table" (18,151-73,800) @ 15%

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Financial Management: Determine the amount of taxes for the following

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Financial Management: Determine the amount of taxes for the following

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