Use this tax table to find how much tax you need to pay on a taxable income of $40,000. to
If taxable
But not
The tax is:
Income is over- over-
SO
$7.825
10 percent of the
amount over S0
S7,825
$31,850 $782.50 plus 15 percent
of the amount over
7,825
$31,850
$77,100 $4,386.25 plus 25
percent of the amount
over 31,850
$77,100
$160,850 $15,698.75 plus 28
percent of the amount
over 77,100
$160,850
$349,700 $39,148.75 plus 33
percent of the amount
over 160,850
$349,700
no limit $101,469.25 plus 35
percent of the amount
over 349,700
O A. $6,423.75
O B.
$8,150.50
$12,536.25