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damaskus [11]
3 years ago
9

2. Ramone and his wife had $72,380.90 in combined gross income in 2010. They had $8,295.00 in various adjustments and deductions

. If they are filing jointly, how much income tax do they have to pay for the year?
Mathematics
1 answer:
MAVERICK [17]3 years ago
4 0
Let x = taxable income = difference of gross income and deductions T = income tax paid = amount sent to the government Use the "filing jointly" chart on the right side. You'll use the second row of that chart since subtracting $72,380.90-$8,295.00 leads to a value between 16750 and 68000. That second row turns into this equation T=1675+0.15(x-16750<span>) w</span>here <span>16750<x≤68000</span>
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