If you earn less than $10,000 you have a 10% tax obligation.If you earn an income between $10,000 and $35,000 your tax obligation is 15%.Income in the range of $35,001 and $60,000 has a tax obligation of $25%.Income in the range of $60,001 and $85,000 has a tax obligation of 28%.Income greater than $85,000 has a tax obligation of 33%.Last year you earned $62,000.Your tax obligation is

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Your tax obligation is 25% of your income between $35,001 and $60,000, which is $25,000. 25% of $25,000 is $6,250. You also have a tax obligation of 28% of your income between $60,001 and $85,000, which is $22,000. 28% of $22,000 is $6,160. Your total tax obligation is $6,250 + $6,160 = $12,410.

If You Earn Less Than $10,000 You Have a 10