single taxpayers(2013)\ntaxable income between: tax rate\n$0 $8,925 10%\n$8,925 $36,250 15%\n$36,250 $87,850…

single taxpayers(2013)\ntaxable income between: tax rate\n$0 $8,925 10%\n$8,925 $36,250 15%\n$36,250 $87,850 25%\n$87,850 $183,250 28%\n$183,250 $398,350 33%\n$398,350 $400,000 35%\n$400,000 and above 39.6%\nlatonya was just hired as an engineer for an electric company. she will make a salary of $50,000 a year. how much of latonyas salary will be taxed at the 10 percent rate?\nhow much of latonyas salary will be taxed at the 28 percent rate?
Answer
Explanation:
Step1: Identify the tax - rate brackets
LaTonya's salary is $50,000. The 10% tax - rate bracket is for taxable income between $0 and $8,925. The 15% tax - rate bracket is for taxable income between $8,925 and $36,250. The 25% tax - rate bracket is for taxable income between $36,250 and $87,850.
Step2: Calculate the amount taxed at 10%
The full amount in the 10% bracket ($8,925) is taxed at 10%.
Step3: Calculate the amount taxed at 15%
The amount in the 15% bracket is $36,250 - $8,925=$27,325.
Step4: Calculate the amount taxed at 25%
The amount of LaTonya's salary in the 25% bracket is $50,000 - $36,250 = $13,750.
Answer:
$13,750