Table 12-6
The table below shows the marginal tax rates for an unmarried taxpayer for various levels of taxable income.
-Refer to Table 12-6. For this tax schedule, what is the total tax liability for an individual with $280,000 in taxable income?
A)$105,700
B)$108,900
C)$111,600
D)$117,300

Question

Table 12-6
The table below shows the marginal tax rates for an unmarried taxpayer for various levels of taxable income. 
-Refer to Table 12-6. For this tax schedule, what is the total tax liability for an individual with $280,000 in taxable income?
A)$105,700 
B)$108,900 
C)$111,600 
D)$117,300

Quizplus · Accepted Answer

The total tax liability is calculated by applying the tax rates to the income brackets up to $280,000. The correct calculation results in a total tax liability of $111,600.

Table 12-6 the Table Below Shows the Marginal Tax Rates for an for an Unmarried