Miley,a single taxpayer,plans on reporting $27,250 of taxable income this year (all of her income is from a part-time job) .She is considering applying for a second part-time job that would give her an additional $10,000 of taxable income.By how much will the income from the second job increase her tax liability (use the tax rate schedules) ?

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Miley's initial taxable income is $27,250. With the additional $10,000, her total taxable income would be $37,250. According to the 2023 tax rate schedule for single filers, the income from $10,276 to $41,775 is taxed at 12%. Therefore, the additional $10,000 would be taxed at 12%, resulting in an increase in tax liability of $1,200.

Miley,a Single Taxpayer,plans on Reporting $27,250 of Taxable Income This