Reference: Ref 17-1 (Figure: U.S. Marginal and Average Tax Rates) According to the figure, an individual who earns $63,700 a year, has no deductions, and claims no exemptions will pay income tax of
A) $8,772.50.
B) $9,555.00.
C) $6,370.00.
D) $1,565.00.

Question

Reference: Ref 17-1 (Figure: U.S. Marginal and Average Tax Rates) According to the figure, an individual who earns $63,700 a year, has no deductions, and claims no exemptions will pay income tax of
A) $8,772.50. 
B) $9,555.00. 
C) $6,370.00. 
D) $1,565.00.

Quizplus · Accepted Answer

The Answer is A