Answer :
Let's carefully examine LaTonya's salary and the tax brackets to determine how much of her salary will be taxed at the specified rates.
1. Taxed at the 10 percent rate:
The first step is to identify the portion of LaTonya's salary that falls within the 10% tax bracket. The 10% tax rate applies to the income range from [tex]$0 to $[/tex]8,925.
Since LaTonya's salary ([tex]$50,000) is well above $[/tex]8,925, the entire range from [tex]$0 to $[/tex]8,925 will be taxed at 10%.
So, the amount of LaTonya's salary that will be taxed at the 10 percent rate is:
[tex]\[ \$8,925 \][/tex]
2. Taxed at the 28 percent rate:
Next, we need to identify the portion of LaTonya's salary that falls within the 28% tax bracket. The 28% tax rate applies to the income range from [tex]$87,850 to $[/tex]183,250.
Since LaTonya's salary ([tex]$50,000) is less than the lower bound of the 28% tax bracket ($[/tex]87,850), no part of her salary will be taxed at this rate.
So, the amount of LaTonya's salary that will be taxed at the 28 percent rate is:
[tex]\[ \$0 \][/tex]
Summary:
- The amount of LaTonya's salary that will be taxed at the 10 percent rate: [tex]\[\boxed{8,925}\][/tex]
- The amount of LaTonya's salary that will be taxed at the 28 percent rate: [tex]\[\boxed{0}\][/tex]
1. Taxed at the 10 percent rate:
The first step is to identify the portion of LaTonya's salary that falls within the 10% tax bracket. The 10% tax rate applies to the income range from [tex]$0 to $[/tex]8,925.
Since LaTonya's salary ([tex]$50,000) is well above $[/tex]8,925, the entire range from [tex]$0 to $[/tex]8,925 will be taxed at 10%.
So, the amount of LaTonya's salary that will be taxed at the 10 percent rate is:
[tex]\[ \$8,925 \][/tex]
2. Taxed at the 28 percent rate:
Next, we need to identify the portion of LaTonya's salary that falls within the 28% tax bracket. The 28% tax rate applies to the income range from [tex]$87,850 to $[/tex]183,250.
Since LaTonya's salary ([tex]$50,000) is less than the lower bound of the 28% tax bracket ($[/tex]87,850), no part of her salary will be taxed at this rate.
So, the amount of LaTonya's salary that will be taxed at the 28 percent rate is:
[tex]\[ \$0 \][/tex]
Summary:
- The amount of LaTonya's salary that will be taxed at the 10 percent rate: [tex]\[\boxed{8,925}\][/tex]
- The amount of LaTonya's salary that will be taxed at the 28 percent rate: [tex]\[\boxed{0}\][/tex]
