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dartwinska

The answer is: You do not own anything in federal income taxes.

The first personal income tax was established in 1861 as a way to pay for the American Civil War. The tax rate was 3% on incomes above $600, rising to 5% to income about $ 10,000. This tax was repealed in 1872.

A new tax was enhanced in 1894 but it became impractical due to some problems with its apportionment. Congress was able to impose a tax only if the law apportioned that tax among the states according to each state's census population.

The  federal tax was deemed impractical till the year 1913, when the 16th Amendment established new rules for paying federal income tax.

Tundexi

The amount you owe in Income taxes is $1,350.

In the year 1902, there were not established Federal Tax rate. Therefore, the tax rate that was applicable on Taxable income from the year 1895 - 1912 depended on 1894 established Federal Tax rate  

The tax rate for Taxable income lesser than $20,000 is 2.0% while 3.0% for Income less than $50,000.

Therefore, for $45,000, the tax rate of 3% will be applied.

Tax amount = Taxable income * Tax rate

Tax amount = $45,000 * 3%

Tax amount = $1,350.

Therefore, in conclusion, the amount you owe in Income taxes is $1,350.

Learn more about Tax rate here

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