Aaron Priest had a taxable income of $165,000. He figured his tax from the single taxpayer table above. *(linked below)* 1. find his earned income level 2. ente
Mathematics
Abbigail2017
Question
Aaron Priest had a taxable income of $165,000. He figured his tax from the single taxpayer table above.
*(linked below)*
1. find his earned income level
2. entered the base amount = $_______
3. found the amount over $_______ = $_______
4. multiplied line 3 by _______% = $_______
5. added lines 2 and 4 = $_______
6. computing his monthly withholding would be = $_______
*(linked below)*
1. find his earned income level
2. entered the base amount = $_______
3. found the amount over $_______ = $_______
4. multiplied line 3 by _______% = $_______
5. added lines 2 and 4 = $_______
6. computing his monthly withholding would be = $_______
2 Answer

1. User Answers BlueSky06
Aaron Priest, single, taxable income 165,000
1) Earned income tax level: Over 160,850 but not over 349,700
2) base amount : 39,149
3) 33% of the amount over 160,850: 165,000  160,850 = 4,150
4) 4,150 * 33% = 1,369.50
5) 39,149 + 1,369.50 = 40,518.50
6) monthly withholding: 40,518.50 / 12 = 3,376.54 
2. User Answers MsEHolt
Answer:
#1) Over 160,850 but not over 349,700; #2) 39,149; #3) 160,850; 4150; #4) 33; 1369.50; #5) 40518.50; #6) 3376.54
Stepbystep explanation:
Aaron earns $165,000. This is between $160,850 and $349,700.
The base amount for this level is $39,149.
The amount of $160,850 is 165000160850 = $4,150.
Multiplying this amount by 33%, 0.33(4150) = $1369.50.
Adding this to the base amount, 1369.50+39149 = $40,518.50.
Computing this monthly, 40518.50/12 = 3376.541667 ≈ $3376.54.