In 2023, Paige and Phillip earned a combined taxable income of

$150,000

from employment and they file a joint tax return. What is their total federal income tax based on the following 2023 tax brackets and rates for couples?\ Tax rate:

10%

, Income:

$0-$22,000

\ Tax rate:

12%

, Income:

$22,001

-

$89,450

\ Tax rate:

22%

, Income:

$89,451-$190,750

\

$48,050

\

$23,615

\

$14,980

\

$33,000

In 2023, Paige and Phillip earned a combined taxable income of $150,000 from employment and they file a joint tax return. What is their total federal income tax based on the following 2023 tax brackets and rates for couples? Tax rate: 10%, Income: $0$22,000 Tax rate: 12%, Income: $22,001$89,450 Tax rate: 22%, Income: $89,451 - $190,750 $48,050 $23,615 $14,980 $33,000