Use the table to answer the question. If a single person earns $33,200, what will the taxes be to the nearest dollar? Sample IRS Tax Schedule, 20xx 2 GROSS TAXABLE EARNINGS, E TAXES DUE 3 Single 4 0 to 6,999.99 0.1E 5 7,000 to 28,399.99 0.15E − 350 6 28,400 to 68,799.99 0.25E − 3,190 7 68,800 to 143,499.99 0.28E − 5,254 8 143,500 to 311,949.99 0.33E − 12,429 9 311,950 and over 0.35E − 18,668 10 Head of Household 11 0 to 9,999.99 0.10E 12 10,000 to 38,049.99 0.15E − 500 13 38,050 to 98,249.99 0.25E − 4,305 14 98,250 to 159,099.99 0.28E − 7,252.50 15 159,100 to 311,949.99 0.33E − 15,207.50 16 311,950 and over 0.35E − 21,346.50 17 Married Filing Jointly 18 0 to 13,999.99 0.10E 19 14,000 to 56,799.99 0.15E − 700 20 56,800 to 114,649.99 0.25E − 6,380 21 114,650 to 174,699.99 0.28E − 9,819.50 22 174,700 to 311,949.99 0.33E − 18,554.50 23 311,950 and over 0.35E − 24,793.50 24 Married Filing Separately 25 0 to 6,999.99 0.10E 26 7,000 to 28,399.99 0.15E − 350 27 28,400 to 57,324.99 0.25E − 3,190 28 57,325 to 87,349.99 0.28E − 4,909.75 29 87,350 to 155,974.99 0.33E − 9,277.25 30 155,975 and over 0.35E − 12,396.75 (1 point) Responses $3,190 $3,190 $5,110 $5,110 $5,250 $5,250 $6,500 $6,500

1 answer

To calculate the taxes for a single person earning $33,200 using the provided tax schedule, we see that $33,200 falls within the range of $28,400 to $68,799.99.

According to the tax bracket for this earnings range:

  • The formula is \(0.25E - 3,190\).

Now, plug in the earnings \(E = 33,200\):

  1. Calculate \(0.25 \times 33,200\): \[ 0.25 \times 33,200 = 8,300 \]

  2. Then, subtract 3,190: \[ 8,300 - 3,190 = 5,110 \]

Therefore, the taxes due for a single person earning $33,200 will be $5,110.