CSCI 107 Assignment 5


Learning Outcomes

Assignment

2021 Federal Tax Bracket

Note: the federal tax is progressive. For example, if a person has a taxable income of $15,000, the first $9,950 is taxed at a rate of 10% and the remaining $5,050 is taxed at a rate of 12%.

Single Filer Rate Taxable Income Bracket
10% $0 - $9,950
12% $9,951 - $40,525
22% $40,526 - $86,375
24% $86,376 - $164,925
32% $164,926 - $209,425
35% $209,426 - $523,600
37% $523,601 or more

Grading - 100 points