Question

2023 federal income tax brackets
the table provides a comprehensive overview of the 2023 federal income tax brackets and rates from the irs for different filing statuses, including single filer, married couples filing jointly, and head of household.
cadens taxable income is $75,000.
what is the amount of tax caden owes for the taxable income between $44,726 and $75,000 if he is filing as a single filer? the tax rates for his income are shown in the table.
2023 federal income tax brackets and rates for different filing groups

tax rate	single filer	married filing jointly	head of household
12%	$11,001 to $44,725	$22,001 to $89,450	$15,701 to $59,850
22%	$44,726 to $95,375	$89,451 to $190,750	$59,851 to $95,350
24%	$95,376 to $182,100	$190,751 to $364,200	$95,351 to $182,100
32%	$182,101 to $231,250	$364,201 to $462,500	$182,101 to $231,250
35%	$231,251 to $578,125	$462,501 to $603,750	$231,251 to $578,100
	$578,126 or

Explanation:

Step1: Calculate taxable income range

$75,000 - $44,726 = $30,274

Step2: Apply 22% tax rate

$\text{Tax} = 30274 \times 0.22 = 30274 \times \frac{22}{100} = 30274 \times 0.22$

Step3: Compute final tax amount

$30274 \times 0.22 = 3027.40$

Answer:

$3,027.40