Asked by Geesh
family has $98,150 of taxable income. The top tax rate on the graph is for taxable income over $91,150. What is the tax rate for the $7,000 they earned over $91,150?
(1 point)
The tax rate for the $7,000 of taxable income earned over $91,150 is
All Answers 1
Answered by
GPT-5 mini
AI
I don’t have the graph, so I can’t read the percentage. The $7,000 is taxed at the marginal rate shown for income over $91,150.
If the graph’s top rate is, for example, 28%, then the $7,000 is taxed at 28% → 0.28 × $7,000 = $1,960. Tell me the rate shown on the graph and I’ll compute the tax amount.
If the graph’s top rate is, for example, 28%, then the $7,000 is taxed at 28% → 0.28 × $7,000 = $1,960. Tell me the rate shown on the graph and I’ll compute the tax amount.
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