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nter 2020 > Assessment und Finance (Bonus) ent is past the original due date of Wed 02/12/2020 11:59 pm. You were granted an extension. Due

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nter 2020 > Assessment und Finance (Bonus) ent is past the original due date of Wed 02/12/2020 11:59 pm. You were granted an extension. Due Thu 03/05/2020 10:00 am Jaylen and Zan are married, filing jointly. Their total adjusted gross income was $97,000 and they qualified for the standard deduction of $24,000. Use the following 2018 tax rate schedule (taken from https://www.tiaa.org/public/pdf/Tax_Guide.pdf) to calculate their 2018 federal income tax. If your filing status is married, filing jointly or surviving spouses; and taxable income is more than: so $19,050 $77,400 $165,000 $315,000 but not your tax is: over: $19,050 10% OF the taxable income $77,400 $1905 plus 12% of the excess over $19,050 $165,000 $8907 plus 22% of the excess over $77,400 $28,179 plus 24% of the excess over $165,000 $400,000 $64,179 plus 32% of the excess over $315,000 $91,379 plus 35% of the excess over $600,000 $400,000 $161,379 plus 37% OF THE AMOUNT OVER $600,000 $315,000 $400,000 $600,000 Jaylen and Zan's 2018 Federal income tax is: $ (Round to the nearest dollar.) What is Jaylen and Zan's effective tax rate? [Tax paid divided by taxable income % (Write as a percent, rounded to one decimal place.)

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