Answered

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Maria and Juan are married, filing jointly. Their taxable income is $154,849. Use the table below to write an equation to determine their tax. Then calculate their tax.

Maria And Juan Are Married Filing Jointly Their Taxable Income Is 154849 Use The Table Below To Write An Equation To Determine Their Tax Then Calculate Their Ta class=

Sagot :

Cricetus

Answer:

The right answer is "$31,399.75".

Step-by-step explanation:

The given value is:

Taxable income,

= $154,849

According to the question,

The tax amount will be:

=  [tex]8,962.50 + (154,849 - 65,100)\times 25 \ percent[/tex]

=  [tex]8,962.50+(89,749)\times 25 \ percent[/tex]

=  [tex]8,962.50+22,437.25[/tex]

=  [tex]31,399.75[/tex] ($)

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