David’s salary totals $79,000 per year. He can expect to pay federal income tax at a rate of 23.60%. How much money will David pay in federal income taxes every year?

Multiply David’s yearly salary by the tax rate: $79,000 × 0.236 = $18,644. Therefore, he will pay $18,644 in federal income taxes each year, matching choice $18,644.

AI-written and checked against the verified answer.