The table below shows the tax brackets for different income groups in a country:

-Refer to the table above.If Jack has an annual income of $40,000,into which tax bracket does he fall?

Question

The table below shows the tax brackets for different income groups in a country:
 
-Refer to the table above.If Jack has an annual income of $40,000,into which tax bracket does he fall?

Quizplus · Accepted Answer

Based on the table, the income range for the 15% tax bracket is between $9,475 and $40,125. Since Jack's annual income falls within this range, he falls into the 15% tax bracket.

The Table Below Shows the Tax Brackets for Different Income