Jack contributed $\$ 400$ per month into his retirement account in pre-tax dollars during the last tax year. His taxable income for the year was $\$ 62,350$. He files taxes as a single taxpayer.
a. What would his taxable income have been had he contributed to the account in aftertax dollars? $\$ 67,150.00$
b. Use the tax table below to calculate his tax in both the pre-tax and after-tax contribution situations.
\begin{tabular}{|c|c|c|c|c|c|}
\hline \multicolumn{2}{|c|}{\begin{tabular}{l}
If line 11b \\
(taxable \\
income) is-
\end{tabular}} & \multicolumn{4}{|c|}{ And you are- } \\
\hline \begin{tabular}{l}
At \\
least
\end{tabular} & \begin{tabular}{l}
But \\
less \\
than
\end{tabular} & Single & \begin{tabular}{|l|}
\begin{tabular}{l}
Married \\
filing \\
jointly
\end{tabular} \\
Your ta
\end{tabular} & \begin{tabular}{|l|}
\begin{tabular}{l}
Marriod \\
fliling \\
sopa- \\
ratoly
\end{tabular} \\
ax is-
\end{tabular} & \begin{tabular}{l}
Hoad \\
of a \\
houso. \\
hold
\end{tabular} \\
\hline \multicolumn{6}{|c|}{62,000} \\
\hline \begin{tabular}{l}
62,000 \\
62,050 \\
62,100 \\
62,150 \\
62,200
\end{tabular} & \begin{tabular}{l}
62,050 \\
62,100 \\
62,150 \\
6,200 \\
62,250
\end{tabular} & \begin{tabular}{l}
9504 \\
9515 \\
9526 \\
9537 \\
9548
\end{tabular} & \begin{tabular}{l}
7,055 \\
7,061 \\
7,067 \\
7,073 \\
7,079
\end{tabular} & \begin{tabular}{l}
9,504 \\
9,515 \\
9,526 \\
9,537 \\
9,548
\end{tabular} & \begin{tabular}{l}
8,084 \\
8,095 \\
8,106 \\
8,117 \\
8,123
\end{tabular} \\
\hline \begin{tabular}{l}
62,250 \\
62,300 \\
62,350 \\
62,400 \\
62,450
\end{tabular} & \begin{tabular}{l}
62,300 \\
62,350 \\
62,400 \\
62,450 \\
62,500
\end{tabular} & \begin{tabular}{l}
9559 \\
9590 \\
9581 \\
9592 \\
9.603
\end{tabular} & \begin{tabular}{l}
7,085 \\
7,091 \\
7,097 \\
7,103 \\
7,109
\end{tabular} & \begin{tabular}{l}
9,559 \\
9,570 \\
9,581 \\
9,592 \\
9,603
\end{tabular} & \begin{tabular}{l}
8,139 \\
8,150 \\
8,161 \\
8,172 \\
8,183
\end{tabular} \\
\hline \begin{tabular}{l}
62,500 \\
62,550 \\
62,600 \\
62,650 \\
62,700
\end{tabular} & \begin{tabular}{l}
62,550 \\
62,600 \\
62,650 \\
62,700 \\
62,750
\end{tabular} & \begin{tabular}{l}
9,614 \\
9,625 \\
9,636 \\
9,647 \\
9,658
\end{tabular} & \begin{tabular}{l}
7,115 \\
7,121 \\
7,127 \\
7,133 \\
7,139
\end{tabular} & \begin{tabular}{l}
9,614 \\
9,625 \\
9,636 \\
9,647 \\
9,658
\end{tabular} & \begin{tabular}{l}
8,194 \\
8,205 \\
8,216 \\
8,227 \\
8,238
\end{tabular} \\
\hline \begin{tabular}{l}
62,750 \\
62,800 \\
62,850 \\
62,900 \\
62,950
\end{tabular} & \begin{tabular}{l}
62,800 \\
62,2850 \\
62,900 \\
62,950 \\
63,000
\end{tabular} & \begin{tabular}{l}
9,669 \\
9,680 \\
9,691 \\
9,702 \\
9,713
\end{tabular} & \begin{tabular}{l}
7,145 \\
7,151 \\
7,157 \\
7,163 \\
7,169
\end{tabular} & \begin{tabular}{l}
9,669 \\
9,680 \\
9,691 \\
9,702 \\
9,713
\end{tabular} & \begin{tabular}{l}
8,249 \\
8,260 \\
8,271 \\
8,282 \\
8,293
\end{tabular} \\
\hline
\end{tabular}
\begin{tabular}{|c|c|c|c|c|c|}
\hline \multicolumn{2}{|c|}{\begin{tabular}{|l}
If line 11b \\
(taxable \\
income) is-
\end{tabular}} & \multicolumn{4}{|c|}{ And you are- } \\
\hline \multirow[t]{2}{*}{\begin{tabular}{l}
At \\
least
\end{tabular}} & \multirow[t]{2}{*}{\begin{tabular}{l}
\begin{tabular}{l}
But \\
loss \\
than
\end{tabular} \\
\end{tabular}} & Single & & $\left.$\begin{tabular}{|l|}
Married \\
filing \\
sopa- \\
satoly
\end{tabular} \right\rvert\, & \begin{tabular}{|l|}
Hoad \\
of a \\
house \\
hold
\end{tabular} \\
\hline & & \multicolumn{4}{|c|}{ Your tax is- } \\
\hline \multicolumn{6}{|c|}{67,000} \\
\hline 67,000 & 67,050 & 10,604 & 7,655 & 10,604 & 9,184 \\
\hline 67,050 & 67,100 & 10,615 & 7,661 & 10,615 & 9,195 \\
\hline 67,100 & 67,150 & 10,626 & 7,667 & 10,626 & 9,206 \\
\hline 67,150 & 67,200 & 10,637 & 7,673 & 10,637 & 9,217 \\
\hline 67,200 & 67,250 & 10,648 & 7,679 & 10,648 & 9,228 \\
\hline 67,250 & 67,300 & 10,659 & 7,685 & 10,659 & 9.239 \\
\hline 67,300 & 67,350 & 10,670 & & 10,670 & 9,250 \\
\hline 67,350 & 67,400 & 10,681 & 7,697 & 10,681 & 9,261 \\
\hline 67,400 & 67,450 & \begin{tabular}{l}
10,692
\end{tabular} & \begin{tabular}{l}
1,69 \\
7,703
\end{tabular} & 10,692 & 9,272 \\
\hline 67,450 & 67,500 & 10,703 & 7,709 & 10,703 & 9,283 \\
\hline 67,500 & 67,550 & 10,714 & 7,715 & 10,714 & 9,294 \\
\hline 67,550 & 67,600 & 10,725 & 7,721 & & \\
\hline 67,600 & 67,650 & 10,736 & 7,727 & 10,736 & 9,316 \\
\hline 67,650 & 67,700 & 10,747 & 7,733 & 10,747 & 9,327 \\
\hline 67,700 & 67,750 & 10,758 & 7,739 & 10,758 & 9,338 \\
\hline & & & & & \\
\hline 67,800 & 67,850 & & 7,751 & 10,780 & \\
\hline 67,850 & 67,900 & 10,791 & 7,757 & 10,791 & 9,371 \\
\hline 67,900 & 67,950 & 10,802 & 7,763 & 10,802 & 9.382 \\
\hline 67,950 & 68,000 & 10,813 & 7,769 & 10,813 & 9.393 \\
\hline
\end{tabular}

Pre-tax $\square$ 3
After-tax $\square$
c. How much did Jack save in taxes during that year? $\$ 1,056.00$