Katie

Katie and Steve

Steve, who are engaged to bemarried, each have an adjusted gross income of $187 comma 000

187,000. Assume each person takes one exemption and the standard deduction. Answer the questions below using the tax table to the right.

Tax Rate

Single

Married Filing Jointly

10%

up to$8,925

up to$17,850

15%

up to$36,250

up to$72,500

25%

up to$87,850

up to$146,400

28%

up to$183,250

up to$223,050

33%

up to$398,350

up to$398,350

Standard Deduction

$6100

$12,200

Exemptions(per person)

$3900

$3900