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1. Calculate the federal income taxes. In 2018, the federal income tax was 10 percent on incomes between $0 and $9,525 per year, 12 percent on incomes between
$9,526 and $38,700, and 22 percent on Incomes between $38,701 and $82,500. In 2018, you made $42,000. What was your income tax this year?
O $5,040
$8,400
$4,200
$9,240

Respuesta :

francocanacari

Answer:

$9,240.

Step-by-step explanation:

Given that in 2018, all salaries between $ 38,701 and $ 82,500 had to pay a federal income tax of 22%, and that my salary in that year was $ 42,000, to determine the amount that I had to pay in concept of said tax, the following calculation must be done:

(42,000 x 22) / 100 = X

924,000 / 100 = X

9,240 = X

Therefore, the amount of federal income tax that I had to pay in 2018 was $ 9,240.

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