Select the correct answer.

What would be the tax amount to be paid on $22,000 taxable income according to the marginal tax rate (tax rate below $9,225 is 10%, and between $9226 and $37,450 is 15%) ?

A: $2536.50

B: $3123.25

C: $2838.75

D: $1225.25

Question

Mathematics

Cayden Cervantes

31 August, 18:31

Select the correct answer.

What would be the tax amount to be paid on $22,000 taxable income according to the marginal tax rate (tax rate below $9,225 is 10%, and between $9226 and $37,450 is 15%) ?

A: $2536.50

B: $3123.25

C: $2838.75

D: $1225.25

+2

Answers (1)

Know the Answer?

Callie Sullivan · Answer 1

I'd go with B because it's closest, not sure if some context is missing to get an exact answer ...

Step-by-step explanation:

22000 falls in the 15% tax rate bracket

Tax=income•rate

Tax=22000• (15/100)

Tax=3300

Select the correct answer.What would be the tax amount to be paid on $22,000 taxable income according to the marginal tax rate (tax rate below $9,225 is 10%, and between $9226 and $37,450 is 15%) ?A: $2536.50B: $3123.25C: $2838.75D: $1225.25

Select the correct answer.

What would be the tax amount to be paid on $22,000 taxable income according to the marginal tax rate (tax rate below $9,225 is 10%, and between $9226 and $37,450 is 15%) ?

A: $2536.50

B: $3123.25

C: $2838.75

D: $1225.25