To determine which income tax bracket Yvonne falls into, let's follow a step-by-step process to compute her taxable income and then identify the appropriate tax bracket.
1. Calculate the Taxable Income:
- Yvonne's gross income for the year 2009 is $16,800.
- She took the standard deduction of $5,700.
- She also claimed herself as an exemption for $3,650.
To find her taxable income, we subtract the standard deduction and the exemption from her gross income:
[tex]\[
\text{Taxable Income} = \text{Gross Income} - \text{Standard Deduction} - \text{Exemption}
\][/tex]
[tex]\[
\text{Taxable Income} = 16,800 - 5,700 - 3,650 = 7,450
\][/tex]
2. Determine the Tax Bracket:
- According to the provided tax bracket table, we compare Yvonne's taxable income of \$7,450 to the income thresholds.
From the table:
[tex]\[
\begin{array}{|r|r|r|}
\hline \text{Over} & \text{But not over} & \text{Bracket} \\
\hline 0 & 8,350 & 10 \% \\
\hline 8,350 & 33,950 & 15 \% \\
\hline 33,950 & 82,250 & 25 \% \\
\hline 82,250 & 171,550 & 28 \% \\
\hline 171,550 & 372,950 & 33 \% \\
\hline 372,950 & & 35 \% \\
\hline
\end{array}
\][/tex]
- Yvonne's taxable income of [tex]$7,450 falls into the first bracket, which covers incomes over $[/tex]0 but not over $8,350.
Therefore, Yvonne falls into the 10% tax bracket.
