Hello, I've copied the problem directly. I posted a picture of my work and honestly, I have no idea what I'm doing wrong. The answer I submitted is incorrect.
A single person with taxable income of $89614 will have the first $9,525 of that income taxed at a different rate than the income between $9,525 and $38,700. The first bracket is taxed at 10%, the second is taxed at 12% Determine the taxes owed on just the second bracket.
The answer I came up with is $4,644.
A single person with taxable income of $89614 will have the first $9,525 of that income taxed at a different rate than the income between $9,525 and $38,700. The first bracket is taxed at 10%, the second is taxed at 12% Determine the taxes owed on just the second bracket.
The answer I came up with is $4,644.
