Tax Definitions
Something you pay to a government entity (federal, state, county, city) to cover services from that government entity.
What is Tax?
Peter is single and earns $90,632 in taxable income. How much does he owe in taxes?
What is $15,772.68?
If John is single and earns $48,815 in taxable income, how much does he owe in taxes?
What is $8,000?
If Christian is single and earned $118,345 in taxable income, how much does he owe in taxes?
What is $26,207.85?
¡If my income is at least 57,400, but less than 57,450…
What is 57,400 < t < 57,450?
collected based on the amount of taxable income you earn
What is income tax?
Kim is head of household and earns $66,810 in taxable income. How much does she owe in taxes?
What is $8,994.20?
If Sally is head of household and earned $61,970 in taxable income, how much taxes does she owe?
What is $9,816?
Marissa is a widower and earns $168,923 in taxable income, how much does she owe in taxes?
What is $34,349.94?
Interval notation for someone that makes $71,314
What is 71,300 < t < 71,350?
the federal agency that collects all federal taxes
Shane is a widower and earns $100,000 in taxable income. What does he owe in taxes?
What is $13,497.00?
Married filing jointly; $97,111
What is $15,869?
Married filing jointly; $400,100
What is $107,562.00
Interval Notation for i= $92,689
What is 92,650 < t < 92,700?
the tax rate increases as income increases
What is progressive taxes?
Married filing separately; $256,738
What is $64,402.55?
Single; $54,467
What is $9,413?
Head of Household; $145,900
What is $26,909.50?
Interval Notation for a single person owing $9,475 in taxes
What is 54,700 < t < 54,750?
the tax rate decreases as income increases
What is Regressive taxes?
Single; $9,000
What is $900.00?
Married filing separately; $80,523
What is $16,073?
Single; $189,944
What is $46,287.77?
Interval Notation for a head of household owing $10,341 in taxes
What is 64,050 < t < 64,100?