15 select all the correct locations on the image. on the tax bracket table, choose all the marginal tax…

15 select all the correct locations on the image. on the tax bracket table, choose all the marginal tax rates that will apply to a single taxpayer with a taxable income of $75,000 single taxpayers: income brackets tax rate income bracket 10% 0 to 9,525 12% 9,526 to 38,700 22% 38,701 to 82,500 24% 82,501 to 157,500 32% 157,501 to 200,000 35% 200,001 to 500,000 37% > 500,000

15 select all the correct locations on the image. on the tax bracket table, choose all the marginal tax rates that will apply to a single taxpayer with a taxable income of $75,000 single taxpayers: income brackets tax rate income bracket 10% 0 to 9,525 12% 9,526 to 38,700 22% 38,701 to 82,500 24% 82,501 to 157,500 32% 157,501 to 200,000 35% 200,001 to 500,000 37% > 500,000

Answer

Explanation:

Step1: Identify the income - bracket

The taxable income is $75,000. It falls within the range of $38,701 - $82,500.

Step2: Determine the applicable tax rates

Since the income is above $9,525, the 10% rate does not apply. Since it is above $38,700, the 12% rate does not fully apply. The income is within the $38,701 - $82,500 bracket, so the 22% rate applies. Also, because the income has components that were previously in the lower - income brackets, the 10% and 12% rates applied to the income within their respective brackets.

Answer:

10%, 12%, 22%