Figure: US

Question 115

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Figure: U.S. Marginal and Average Tax Rates Figure: U.S. Marginal and Average Tax Rates Reference: Ref 17-1 (Figure: U.S. Marginal and Average Tax Rates) Using the figure, assume your annual income is $15,000, that you have a deduction of $1,800 for moving expenses, and that you claim four exemptions of $3,300: one for yourself and one for each of your three children. How much taxes are you expected to pay? A. $132 B. $0 C. $138 D. $120 Reference: Ref 17-1 (Figure: U.S. Marginal and Average Tax Rates) Using the figure, assume your annual income is $15,000, that you have a deduction of $1,800 for moving expenses, and that you claim four exemptions of $3,300: one for yourself and one for each of your three children. How much taxes are you expected to pay?
A. $132 B. $0 C. $138 D. $120

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