Use the table to answer the questions below. Schedule Y-1- If your filing status is Married filing

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Use the table to answer the questions below.
Schedule Y-1- If your filing status is Married filing jointly or Qualifying widow(er)

a. What is the tax for taxpayers filing jointly with a combined tax-able income of $134,786?
b. A married couple's tax is approximately $30,000. What is their approximate taxable income?

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Financial Algebra advanced algebra with financial applications

ISBN: 978-0538449670

1st edition

Authors: Robert K. Gerver

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Question Posted: Apr 14, 2016 04:59 AM

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Use the table to answer the questions below. Schedule Y-1- If your filing status is Married filing

Question:

If your taxable income is The tax is: of the amount over- But not Over- $0 16,050 65,100 131,450 200,300 357,700 over- $16,050 65,100 131,450 200,300 357,700 1090 $1,605.00 + 15% 8,962.50 + 25% 25,550.00 + 28% 44,828.00 + 33% 96,770.00 + 35% $0 16,050 65,100 131,450 200,300 357,700

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a 134786 is over 131450 but not over 200300 ...View the full answer

Financial Algebra advanced algebra with financial applications

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