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Kaitlin made $15,000 in taxable income last year. Suppose the income tax rate is 15% for the first $8000 plus 18% for the amount over $8000 . How much must Kaitlin pay in income tax for last year?

Respuesta :

Answer: $2460

Step-by-step explanation:

Based on the information given in the question, the amount of income tax that Kaitlin will pay for last year would be:

= ($8000 × 15%) + ($15000 - $8000 × 18%)

= ($8000 × 15%) + ($7000 × 18%)

= $1200 + $1260.

= $2460

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