Review the federal Income tax table.
Single
If Taxable Income Is Between: Then The Tax Due Is:
$0-$9700
$9701-$39,475
$39,476-$84,200
$84,201-$160,725
10% of taxable Income
$970+12% of the amount over $9700
$4543+22% of the amount over $39,475
$14,382.50+24% of the amount over $84,200
$32,748.50+32% of the amount over $160,725
$160,726-$204,100
$204,101-$510,300
$510,301+
$46,628.50+35% of the amount over $204,100
$153,798.50+37% of the amount over $510,300
Benjamin earned $105,000 in taxable Income in a year from his job as a software developer. How much
federal income tax does he owe? Enter your answer as a number rounded to the nearest cent, such
as: $42,536.47.