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I need your help! Will give brainiest!
A person filing his federal income tax return with the Single filing status had a taxable income of $168,050. According to the table below, how much of that income will he have left over after paying his federal income tax.

A. $144,026.00
B. $24,024.00
C. $127,276.00
D. $40,774.00

I need your help Will give brainiest A person filing his federal income tax return with the Single filing status had a taxable income of 168050 According to the class=

Respuesta :

Answer:

$128,270

Step-by-step explanation:

Hello!

The income amount $168,050 fits into the fourth line of the table ($82,250-$171,550).  The tax on $168,050 is found as follows:

$16,750 plus 0.28 times the amount over $82,250.

Let's figure the tax:  $16,750 + 0.28($82,250) = $16,750 + $23,030, or

$39,780.  If this tax is deducted from the person's gross pay, the amount left ("take home pay") will be $168,050 - $39,780, or $128,270.