Refer the tax table to answer the following question. TABLE 8.1 2016 Marginal Tax Rates, Standard Deductions, and Exemptions Unmarried, divorced, or legally separated Unmarried and paying more than...


Refer the tax table to answer the following question.<br>TABLE 8.1 2016 Marginal Tax Rates, Standard Deductions, and Exemptions<br>Unmarried,<br>divorced, or<br>legally separated<br>Unmarried and paying more<br>than half the cost of<br>Married and each<br>Married and both<br>partner files a<br>separate tax return<br>partners file a<br>single tax returm<br>supporting a child or parent<br>Married Filing<br>Separately<br>Married<br>Head of<br>Tax Rate<br>Single<br>Filing Jointly<br>Household<br>10%<br>up to $9275<br>up to $9275<br>up to $18,550<br>up to $13.250<br>15%<br>$9276 to $37,650<br>$9276 to $37,650<br>$18,551 to $75,300<br>$13,251 to $50,400<br>25%<br>$37,651 to $91,150<br>$37,651 to $75,950<br>$75,301 to $151,900<br>$50,401 to $130,150<br>28%<br>$91,151 to $190,150<br>$75,951 to $115,725<br>$151,901 to $231,450<br>$130,151 to $210,800<br>33%<br>$190,151 to $413,350<br>$115,726 to $206,675<br>$231,451 to $413,350<br>$210,801 to $413,350<br>35%<br>$413,351 to $415,050<br>$206,676 to $233,475<br>$413,351 to $466,950<br>$413,351 to $441,000<br>39.6%<br>more than $415,050<br>погe than $233,475<br>more than $466,950<br>more than $441,000<br>Standard<br>Deduction<br>$6300<br>$6300<br>$12.600<br>$9300<br>Exemptions<br>(per person)<br>$4050<br>$4050<br>$4050<br>$4050<br>If a taxpayer has taxable income $80,900, what is her<br>tax bracket? (Taxpayer filing status is married filing<br>jointly)<br>10%<br>28%<br>15%<br>25%<br>

Extracted text: Refer the tax table to answer the following question. TABLE 8.1 2016 Marginal Tax Rates, Standard Deductions, and Exemptions Unmarried, divorced, or legally separated Unmarried and paying more than half the cost of Married and each Married and both partner files a separate tax return partners file a single tax returm supporting a child or parent Married Filing Separately Married Head of Tax Rate Single Filing Jointly Household 10% up to $9275 up to $9275 up to $18,550 up to $13.250 15% $9276 to $37,650 $9276 to $37,650 $18,551 to $75,300 $13,251 to $50,400 25% $37,651 to $91,150 $37,651 to $75,950 $75,301 to $151,900 $50,401 to $130,150 28% $91,151 to $190,150 $75,951 to $115,725 $151,901 to $231,450 $130,151 to $210,800 33% $190,151 to $413,350 $115,726 to $206,675 $231,451 to $413,350 $210,801 to $413,350 35% $413,351 to $415,050 $206,676 to $233,475 $413,351 to $466,950 $413,351 to $441,000 39.6% more than $415,050 погe than $233,475 more than $466,950 more than $441,000 Standard Deduction $6300 $6300 $12.600 $9300 Exemptions (per person) $4050 $4050 $4050 $4050 If a taxpayer has taxable income $80,900, what is her tax bracket? (Taxpayer filing status is married filing jointly) 10% 28% 15% 25%

Jun 04, 2022
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