popt2602 popt2602
  • 15-01-2024
  • Business
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Use the marginal tax rate chart to answer the question.

Tax Bracket Marginal Tax Rate
$0–$10,275 10%
$10,276–$41,175 12%
$41,176–$89,075 22%
$89,076–$170,050 24%
$170,051–$215,950 32%
$215,951–$539,900 35%
> $539,901 37%


Demonstrate how to calculate the amount of taxes owed on a taxable income of $39,000.

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