This table shows the U.S. federal income tax rates from 2014. (Source: Internal Revenue Service)...
90.2K
Verified Solution
Question
Accounting
This table shows the U.S. federal income tax rates from 2014. (Source: Internal Revenue Service) Single Married Filing Jointly Married Filing Separately Head of Household $0-$9,075 $0-$18,150 $0-$9,075 $0-$12,950 $12,950-$49,400 15% $9,075-$36,900 $18,150-$73,800 $9,075-$36,900 25% $36,900-$89,350 $73,800-$148,850 $36,900-$74,425 $49,400-$127,550 28% $89,350-$186,350 $148,850-$226,850 $74,425-$113,425 $127,550-$206,600 33% $186,350-$405,100 $226,850-$405,100 $113,425-$202,550 $206,600-$405,100 35% $405,100-$406,750 $405,100-$457,600 $405,100-$432,200 $202,550-$228,800 Over $228,800 39.6% Over $406,750 Over $457,600 Over $432,200 Each row shows the tax rate on a specific portion of the taxpayer's taxable income given their filing status. For example, suppose a taxpayer has a filing status of Single and a taxable income of $40,000. This means that the taxpayer owes 10% tax on the first $9,075, 15% tax on the amount over $9,075 up to $36,900, and 25% on the amount over $36,900 up to $40,000. Rate 10% If Elsa had a filling status of Married Filing Separately and a taxable income of $45,116 in the year 2014, how much did she owe for federal income tax? Do not round any intermediate computations. Round your answer to the nearest dollar

Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.