Financial Algebra 2 Taxes Exam

Determine the tax for the filing status of a single taxpayer with a taxable income amount of $60,525.00 using the schedule A tax table provided.

• $8,156.00

• $10,925.00

• $10,938.00

• $8,164.00

Determine the tax for a married couple filing jointly with an income amount of $63,378.00 using the schedule A tax table provided.

• $8,636.00

• $11.738.00

• $11,638.00

• $8,584.00

Determine the tax for filing head of household with an income amount of $57,952.00 using the schedule A tax table provided.

• $8,816.00

• $10,288.00

• $10,208.00

• $8,804.00

Determine the tax if you are married filing seperately with an income amount of $63,946.00 using the schedule A tax table provided.

• $11,788.00

• $11,775.00

• $8666.00

• $8,674.00

Given the taxable income amount, express the tax table line that would be used in compound inequality notation for an income of i = $57,538.00 using the schedule A tax table provided.

• $57,550 < i < $57,600

• $57,499 < i < $57,599

• $57,500 < i < $57,550

• $57,950 < i < $58,000

Given the taxable income amount, express the tax table line that would be used in compound inequality notation for an income of i = $63,799, using the schedule A tax table provided.

• $63,700 < i < $63,750

• $63,600 < i < $63,799

• $63,800 < i < $63,850

• $63,750 < i < $63,800

Given the taxable income amount, express the tax table line that would be used in compound inequality notation for an income of i = $57,555 using the schedule A tax table provided.

• 
  $57,550 < i < $57,600

• 
  $57,500 < i < $57,600

• 
  $57,555 < i < $57,605

• 
  $57,560 < i < $57,700

Given the filing status and the tax, identify the taxable income interval that was used to determine the tax for

head of household $8,641.00 using the schedule A tax table provided.

• At least $57,300 but less than $57,350.

• At least $57,200 but less than $57,250.

• At least $57,250 but less than $57,300.

• At least $57,350 but less than $57,400.

Given the filing status and the tax, identify the taxable income interval that was used to determine the tax for

single $10,913 using the schedule A tax table provided.

• At least $60,500 but less than $60,550.

• At least $60,450 but less than $60,500.

• At least $60,400 but less than $60,450.

• At least $63,350 but less than $63,400.

Given the filing status and the tax, identify the taxable income interval that was used to determine the tax for

married filing separately $10,913 using the schedule A tax table provided.

• At least $60,500 but less than $60,550.

• At least $63,350 but less than $63,400.

• At least $60,400 but less than $60,450.

• At least $60,450 but less than $60,500.