Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Filing 2015 Marginal Tax Rates Married Married Head of Single Filing Filing Household Jointly Separately Status Tax Rate Income Brackets 10% 013,150 15% 09,225 18

image text in transcribed

Filing 2015 Marginal Tax Rates Married Married Head of Single Filing Filing Household Jointly Separately Status Tax Rate Income Brackets 10% 013,150 15% 09,225 18 450 09,225 9.226 18,451 9,226 37,450 74,900 37,450 37,45174,90137,451 90,750 151,200 75,600 13,151 50,200 50,201 129,600 25% 90,7514 151,201 129,601 209.850 75,601- 28% 189,300 230,450 115,225 189,301 230,451 115,226 33% 411,500 411,500 205,750 411,501 411,501 205,751- 35% 413,200 464,850 232,425 ||39.6% 413,201+ 464,851+ 232,426+ 209,851- 411,500 411,501- 439,000 439,001+ Use the marginal tax rates to find the income tax for a taxpayer with taxable income of $412,637 filing as head of household 397.6 Use the marginal tax rates to find the income tax for a taxpayer with taxable income of $399,029 filing as single. 209,728

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

How To Audit Anything The Pink Book Of Auditing Any Process

Authors: R. Alakbarov

1st Edition

1520195575, 978-1520195575

More Books

Students also viewed these Accounting questions