What is the amount of taxes paid for 2014 for 65000 of


What is the amount of taxes paid for 2014 for $65,000 of taxable income for a single person? (rounded to the nearest dollar and NO dollar sign $ or comma needed)

Bracket Rate

$0 - $9,075 10%
$9,075 - $36,900 15%
$36,900 - $89,350 25%
$89,350 - $186,350 28%

Solution Preview :

Prepared by a verified Expert
Microeconomics: What is the amount of taxes paid for 2014 for 65000 of
Reference No:- TGS01386053

Now Priced at $5 (50% Discount)

Recommended (91%)

Rated (4.3/5)