Question

To prepare the new staff for the upcoming tax season, you decided to hold a 1-week training.

Prepare a short PowerPoint presentation of 4-5 slides outlining the following.

What type of tax rate structure dos the U.S tax system apply?

Answer 1

Tax Bracket / Filing Status	Single
10%	$0 to $9,700
12%	$9,701 to $39,475
22%	$39,476 to $84,200
24%	$84,201 to $160,725
32%	$160,726 to $204,100
35%	$204,101 to $510,300
37%	$510,301 or more

Tax Bracket / Filing Status	Married Filing Jointly or Qualifying Widow
10%	$0 to $19,400
12%	$19,401 to $78,950
22%	$78,951 to $168,400
24%	$168,401 to $321,450
32%	$321,451 to $408,200
35%	$408,201 to $612,350
37%	$612,351 or more

Tax Bracket / Filing Status	Married Filing Separately
10%	$0 to $9,700
12%	$9,701 to $39,475
22%	$39,476 to $84,200
24%	$84,201 to $160,725
32%	$160,726 to $204,100
35%	$204,101 to $306,175
37%	$306,176 or more

Tax Bracket / Filing Status	Head of Household
10%	$0 to $13,850
12%	$13,851 to $52,850
22%	$52,851 to $84,200
24%	$84,201 to $160,700
32%	$160,701 to $204,100
35%	$204,101 to $510,300
37%	$510,301 or more