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This table shows the U.S. federal income tax rates from 2013. (Source: Internal Revenue Service) E ...
This table shows the U.S. federal income tax rates from 2013. (Source: Internal Revenue Service) Each row shows the tax rate on a specific portion of the taxpayer's taxable income given their filing status. For example, suppose a taxpayer has a filing status of Single and a taxable income of $40,000. This means that the taxpayer owes 10% tax on the first $8,925,15% tax on the amount over $8,925 up to $36,250, and 25% on the amount over $36,250 up to $40,000. If Ashley had a filing status of Married Filing Separately and a taxable income of $17,622 in the year 2013 , how much did she owe for federal income tax? Do not round any intermediate computations. Round your answer to the nearest dollar.