Tax Table
Standard
Deduction
Taxable income
0-$9,700
$9,701-$39,475
$39,476-$84,200
$84,201-$160,275
Above $160,275
$12,200.00
Income Tax Rate
10%
12%
22%
24%
32-37%
For an individual
with $40,000 in
taxable income, how
much money will
that individual pay in
the 10% tax bracket?