Homework: Unit 4E Homework Question 9, 4.E.61 Part 1 of 3 Consider the following couple, who are engaged to be married.
Posted: Sun Jul 03, 2022 6:42 am
Question 9, 4.E.61 Part 1 of 3 Consider the following couple, who are engaged to be married. Assume that each person takes one exemption and the standard deduction. Answer the questions below using the tax rates in the table to the right. Mia and Roberto each have an adjusted gross income of $184,000. Their income tax would be $. (Round to the nearest dollar as needed.) …... Tax Rate 10% 15% 25% 28% 33% 35% 39.6% Standard deduction Exemption (per person) 7.83 of 9 points Points: 0 of 1 Single up to $9325 up to $37.950 up to $91,900 up to $191,650 up to $416,700 up to $418,400 above $418,400 $6350 $4050 Married Filing Jointly up to $18,650 up to $75,900 up to $153, 100 up to $233,350 up to $416,700 up to $470,700 above $470,700 $12,700 $4050 Save Calculate their income tax if they delay their marriage until next year so they can file their tax returns as individuals at the single tax rate this year.
Homework: Unit 4E Homework