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Jordan and Paul, a married couple, have taxable income of $45,375 which is taxed as follows: $18,150 10% = $1,815.00 ($45,375 - $18,150) 15% =
Jordan and Paul, a married couple, have taxable income of $45,375 which is taxed as follows: $18,150 10% = $1,815.00 ($45,375 - $18,150) 15% = 4,083.75 Total tax liability $5,898.75 Their marginal tax rate is: 10%. 12.5%. 13%. 15%.
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