Intuit Academy Tax Practice Exam 2025 – 400 Free Practice Questions to Pass the Exam

The correct choice reflects that none of the provided options accurately represents the total income tax calculated for a taxpayer earning $350,000 under the specific tax law in question. To understand why this is the case, it is important to consider the progressive nature of the tax system.

Typically, income taxes are assessed in brackets, where portions of income are taxed at different rates. For an income of $350,000, it is necessary to apply the tax rates relevant for that year to the income segments in order to accurately compute the total tax liability.

Given the high income amount, the applicable tax rates might include multiple brackets, and calculating the total tax liability would involve considering taxes owed on each segment of income according to those brackets. Since the sum of these calculations for a $350,000 income will most likely exceed the amounts presented in the options, it reinforces that none of the listed figures (30,000, 32,000, 28,000) reflect the accurate tax liability.

To arrive at a correct total income tax, it’s essential to be aware of current tax rates and how they apply at various income levels, which likely leads to a figure greater than 32,000 for such earnings. Consequently, it is evident that "