To determine which choice falls within the 25% federal income tax bracket for a taxpayer filing with the Single filing status, we must identify the range of taxable income that corresponds to this bracket. We will then compare this range to the given choices.
From the table:
[tex]\[
\begin{array}{|r|r|r|}
\hline \multicolumn{3}{|c|}{ Single } \\
\hline \begin{tabular}{c}
Taxable \\
income is \\
over
\end{tabular} & \begin{tabular}{c}
But not \\
over
\end{tabular} & Bracket \\
\hline\$ 0 & 8,350 & 10 \% \\
\hline 8,350 & 33,950 & 15 \% \\
\hline 33,950 & 82,250 & 25 \% \\
\hline 82,250 & 171,550 & 28 \% \\
\hline 171,550 & 372,950 & 33 \% \\
\hline 372,950 & & 35 \% \\
\hline
\end{array}
\][/tex]
The 25% tax bracket corresponds to taxable income ranging from [tex]$33,950$[/tex] to [tex]$82,250$[/tex].
We are given two choices:
- Choice A: \[tex]$372,950
- Choice B: \$[/tex]33,950
Let’s evaluate each choice against the 25% tax bracket range:
1. Choice A: [tex]$372,950
- The 25% bracket range is from $[/tex]33,950[tex]$ to $[/tex]82,250[tex]$.
- The taxable income of $[/tex]372,950[tex]$ is significantly higher than the upper limit of $[/tex]82,250[tex]$.
- Therefore, \$[/tex]372,950 does not fall within the 25% bracket.
2. Choice B: [tex]$33,950
- The 25% bracket range starts at $[/tex]33,950[tex]$ and ends at $[/tex]82,250[tex]$.
- The taxable income of $[/tex]33,950[tex]$ exactly matches the lower limit of the range.
- Therefore, \$[/tex]33,950 does fall within the 25% bracket.
Given the comparisons, the possible taxable income for the 25% federal income tax bracket is:
[tex]\[\boxed{\$33,950}\][/tex]
