Try another version of this question Workers in the U.S. pay several types of taxes on income. The lesson discussed the FICA taxes. You also have to pay federal income tax. Your federal income tax rate is based on the amount of money you make. Income is broken into levels called tax brackets. The table below shows the tax brackets for 2011. Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 2: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 3: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 4: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172
Taxable Income Tax
$0 – $8,500
10% of taxable income
$8,500 – $34,500
$850 plus 15% of excess over $8,500
$34,500 – $83,600
$4,750 plus 25% of excess over $34,500
$83,600 – $174,400
$17,025 plus 28% of excess over $83,600
$174,400 – $379,150
$42,449 plus 33% of excess over $174,400
$379,150 plus
$110,016.50 plus 35% of excess over $379,150
%
$
$
%
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity