A taxpayer filing as a head of household whose taxable income in 2012 is $60,000 owes Federal income tax of $15,000 (25% × $60,000).

Name: A taxpayer filing as a head of household whose taxable income in 2012 is $60,000 owes Federal income tax of $15,000 (25% × $60,000).
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This statement is incorrect. A head of household with taxable income of $60,000 in 2012 would owe less than $15,000 in Federal income tax, as the tax brackets for a head of household at that time ranged from 10% to 33%.

A Taxpayer Filing as a Head of Household Whose Taxable