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Alja [10]
1 year ago
6

Jim Bouche is married but is filing a separate tax return. His taxable income is $23,624. Find the amount of his tax.

Mathematics
1 answer:
Bingel [31]1 year ago
8 0

Jim Bouche is married but is filing a separate tax return. His taxable income is $23,624 the amount paid as tax is $ 3,765.

Given details in the question are as follows:

Jim Bouche is married but is filing a separate tax return. His taxable income is $23,624,

By using the given tax table on the screenshot we are calculating the tax paid by Jim.

if your taxable income is greater than the $23,600 but lesser than the $23,624 and you fill separate tax return, the amount will be paid as tax is

$ 3,765.

<h3>what is a separate tax return?</h3>

Married filing separately is a tax status for married couples who choose to record their respective incomes, exemptions, and deductions on separate tax returns.

The alternative to married filing separately is married filing jointly. Usually, it makes sense financially for married couples to file jointly. However, when one spouse has significant medical expenses or miscellaneous itemized deductions, or when both spouses have about the same amount of income, it might be wiser to file separately.

Learn more about the tax return:brainly.com/question/21214035

#SPJ1

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