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Use the 2016 marginal tax rates to compute the tax owed by the following couple. A married couple filing jointly with a taxable income of $352,000 and a $6000 tax credit i Click the icon to view the 2016 marginal tax rates. ... The tax owed is $. (Type an integer or a decimal. Round to the nearest cent as needed.)

Use the 2016 marginal tax rates to compute the tax owed by the following couple. A married couple filing jointly with a taxable income of $352,000 and a $6000 tax credit i Click the icon to view the 2016 marginal tax rates. ... The tax owed is $. (Type an integer or a decimal. Round to the nearest cent as needed.)

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter9: Real Numbers And Right Triangles
Section9.5: The Distance And Midpoint Formulas
Problem 58E
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2016 marginal tax rates 2016 Marginal Tax Rates, Standard Deductions, and Exemptions Unmarried and paying files a separate tax return partners file a single more than half the cost of supporting a child or parent Unmarried, divorced, Married and each partner Married and both or legally separated tax return Tax Rate Single Married Filing Separately Married Filing Jointly Head of Household up to $9275 $9276 to $37,650 up to $13,250 $13,251 to $50,400 10% up to $9275 up to $18,550 15% $9276 to $37,650 $18,551 to $75,300 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 more than $233,475 more than $466,950 more than $441,000 Standard $6300 $6300 $12,600 $9300 Deduction $4050 $4050 $4050 $4050 Exemptions (per person) Print Done
Transcribed Image Text:2016 marginal tax rates 2016 Marginal Tax Rates, Standard Deductions, and Exemptions Unmarried and paying files a separate tax return partners file a single more than half the cost of supporting a child or parent Unmarried, divorced, Married and each partner Married and both or legally separated tax return Tax Rate Single Married Filing Separately Married Filing Jointly Head of Household up to $9275 $9276 to $37,650 up to $13,250 $13,251 to $50,400 10% up to $9275 up to $18,550 15% $9276 to $37,650 $18,551 to $75,300 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 more than $233,475 more than $466,950 more than $441,000 Standard $6300 $6300 $12,600 $9300 Deduction $4050 $4050 $4050 $4050 Exemptions (per person) Print Done
Use the 2016 marginal tax rates to compute the tax owed by the following couple. A married couple filing jointly with a taxable income of $352,000 and a $6000 tax credit Click the icon to view the 2016 marginal tax rates. ... The tax owed is $. (Type an integer or a decimal. Round to the nearest cent as needed.)
Transcribed Image Text:Use the 2016 marginal tax rates to compute the tax owed by the following couple. A married couple filing jointly with a taxable income of $352,000 and a $6000 tax credit Click the icon to view the 2016 marginal tax rates. ... The tax owed is $. (Type an integer or a decimal. Round to the nearest cent as needed.)
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