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Mathematics, 11.05.2021 01:00 hannaboo53
Examine the Federal Tax Table for married couples filing joint returns.
Married Couples Filing Jointly
If Taxable Income Is between: Then the Tax Due Is:
$0 – $19,400 10% of taxable income
$19,401 – $78,950 $1940+12% of the amount over $19,400
$78,951 – $168,400 $9086+22% of the amount over $78,950
$168,401 – $321,450 $28,765+24% of the amount over $168,400
$321,451 – $408,200 $65,497+32% of the amount over $321,450
$408,201 – $612,350 $93,257+35% of the amount over $408,200
$612,351+ $164,709.50+37% of the amount over $612,350
Sally and her husband, Ahmed, together earned a total of $203,300 in taxable income last year. Using the tax table, what do they owe in federal income taxes? Enter your answer rounded to the nearest dollar, such as: $42,536
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Examine the Federal Tax Table for married couples filing joint returns.
Married Couples Filing Joi...
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