Figure the tax on the amount of 58,700. If the amount of 58,700 is less than $100,000, use the Tax Table to figure the tax. If the amount of 58,700 is $100,000 or more, use the Tax Computation Worksheet

To determine the tax on $58,700, we'll assume this amount falls below $100,000, meaning the **Tax Table** should be used to calculate the tax. 

However, tax tables vary depending on factors such as filing status (e.g., single, married filing jointly, married filing separately, etc.), so the exact amount of tax owed depends on which tax table applies. If you can provide your filing status or a specific tax table, I can help calculate the exact tax amount.

Would you like to share more information about your filing status or provide the tax table you're using?

Here are some follow-up questions to consider:
1. What is your filing status (e.g., single, married filing jointly)?
2. Are there any deductions or credits that may affect the tax calculation?
3. Do you have additional income or adjustments that could influence the taxable amount?
4. Which tax year are you referring to, as tax rates may change yearly?
5. Is there any state or local tax information that also needs to be included?

**Tip:** Always check for updated tax tables or worksheets specific to the tax year you're filing to ensure accuracy.

Figure the tax on the amount of 58,700. If the amount of 58,700 is less than $100,000, use the Tax Table to figure the tax. If the amount of 58,700 is $100,000 or more, use the Tax Computation Worksheet.

Learn how to calculate the tax on an income of $58,700 using the Tax Table. This problem demonstrates key tax concepts like income brackets and percentage-based tax calculation. Suitable for individuals learning about progressive tax systems and income tax rules.

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