If Owen and Eliza had a combined taxable income of $68,200 and filed their federal income tax return with the Married Filing Joi

Question

3 years ago

5

ntly filing status, how much does the table below say that they should pay in federal income taxes.
a. 9350.00
b. 26,325.00
c. 16,975.00
d. 9425.00

2 answers:

tangare [24] · Answer 1 · 2022-03-28T18:46:58+03:00

Answer:

9425

D

Step-by-step explanation:

They are in the third tax bracket down. That means that their joint income is over 67900 but less than 137050.

The base rate is 9350. But they are 68200 - 67900 = 300 over the minimum.

So 25% of that 300 is also to be paid to the government 25/100 * 300 = 75 dollars

Now they must pay 9350 + 75 = 9425

Answer D

algol13 · Answer 2 · 2022-03-28T20:31:04+03:00

algol133 years ago

6 0

Answer:

D

Step-by-step explanation:

9425.00