The U.S. Federal income tax is a function of taxable income. WriteTfor the tax owed on a taxable income ofIdollars. For tax year 2007, the functionTfor a single taxpayer was specified by the table below.

 

What was the tax owed by a single taxpayer on a taxable income of$20,000?

$

 

What was the tax owed by a single taxpayer on a taxable income of$75,000?

$

If your taxable income was
of the
But not	amount
Over—	over—	Your tax is	over—
$0	7,825	.........    10%	    $0
7,825	31,850	$782.50 + 15%	    $7,825
31,850	77,100	4,386.25 + 25%	    $31,850
77,100	160,850	15,698.75 + 28%	    $77,100
160,850	349,700	39,148.75 + 33%	    $160,850
349,700	.........	101,469.25 + 35%	    $349,700