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Question 5 Multiple Choice Worth 4 points)
(Federal Income Taxes and Piecewise Functions LC)
Use the marginal tax rate chart to answer the question.
Marginal Tax Rate Chart
Tax Bracket
Marginal Tax Rate
10%
$10,276-$41,175
12%
$41,176-$89,075 22%
$89,076-$170,050 24%
$170,051-$215,950 32%
$215,951-$539,900 35%
> $539,901
37%
$0-$10,275
Determine the amount of taxes owed on a taxable income of $59,260.
$8,714.20
$5,926.00
$14,222.40
$13,037.20

Question 5 Multiple Choice Worth 4 Points Federal Income Taxes And Piecewise Functions LC Use The Marginal Tax Rate Chart To Answer The Question Marginal Tax Ra class=

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