What is the amount of the tax liability for a single person having taxable income of $59,200? All answers should be rounded to the nearest dollar. Use the appropriate Tax Tablesor Tax Rate Schedules.
A)$10,656.
B)$10,578.
C)$14,800.
D)$9,300.

Question

Quizplus · Accepted Answer

Using the S1U1P1TaxS1S1P0S1U1P1 table, we can find that the tax rate for a taxable income of $59,200 is 22%, which translates to a tax liability of $10,578.

What Is the Amount of the Tax Liability for a Single