We appreciate your visit to What is the tax owed by a married couple filing jointly who report a taxable income of tex 97 025 tex begin array c c. This page offers clear insights and highlights the essential aspects of the topic. Our goal is to provide a helpful and engaging learning experience. Explore the content and find the answers you need!
Answer :
To determine the tax owed by a married couple filing jointly with a taxable income of [tex]$97,025, we need to locate their income range in the tax table provided.
Here are the steps to find the correct amount of tax:
1. Examine the Income Range: We are looking for a range that includes the taxable income of $[/tex]97,025.
2. Locate the Correct Row:
- From the table, the relevant income ranges are defined as:
- [tex]$97,000 to $[/tex]97,050
- [tex]$97,050 to $[/tex]97,100
- [tex]$97,100 to $[/tex]97,150
- [tex]$97,150 to $[/tex]97,200
- [tex]$97,200 to $[/tex]97,250
- [tex]$97,250 to $[/tex]97,300
- [tex]$97,300 to $[/tex]97,350
3. Identify the Income Range:
- The income of [tex]$97,025 falls into the range starting at $[/tex]97,000 and ending at [tex]$97,050.
4. Find the Tax Owed:
- For the range $[/tex]97,000 to [tex]$97,050, the tax owed by a married couple filing jointly is $[/tex]15,734.
Thus, the tax owed by the couple with a taxable income of [tex]$97,025 is $[/tex]15,734.
Here are the steps to find the correct amount of tax:
1. Examine the Income Range: We are looking for a range that includes the taxable income of $[/tex]97,025.
2. Locate the Correct Row:
- From the table, the relevant income ranges are defined as:
- [tex]$97,000 to $[/tex]97,050
- [tex]$97,050 to $[/tex]97,100
- [tex]$97,100 to $[/tex]97,150
- [tex]$97,150 to $[/tex]97,200
- [tex]$97,200 to $[/tex]97,250
- [tex]$97,250 to $[/tex]97,300
- [tex]$97,300 to $[/tex]97,350
3. Identify the Income Range:
- The income of [tex]$97,025 falls into the range starting at $[/tex]97,000 and ending at [tex]$97,050.
4. Find the Tax Owed:
- For the range $[/tex]97,000 to [tex]$97,050, the tax owed by a married couple filing jointly is $[/tex]15,734.
Thus, the tax owed by the couple with a taxable income of [tex]$97,025 is $[/tex]15,734.
Thanks for taking the time to read What is the tax owed by a married couple filing jointly who report a taxable income of tex 97 025 tex begin array c c. We hope the insights shared have been valuable and enhanced your understanding of the topic. Don�t hesitate to browse our website for more informative and engaging content!
- Why do Businesses Exist Why does Starbucks Exist What Service does Starbucks Provide Really what is their product.
- The pattern of numbers below is an arithmetic sequence tex 14 24 34 44 54 ldots tex Which statement describes the recursive function used to..
- Morgan felt the need to streamline Edison Electric What changes did Morgan make.
Rewritten by : Barada