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Rates for a married taxpayer filing separately are 10% of taxable income up to $8,925, and 15% thereafter up to $36,250. Murry and Ann Phillips
Rates for a married taxpayer filing separately are 10% of taxable income up to $8,925, and 15% thereafter up to $36,250. Murry and Ann Phillips are filing separate returns. Murry earned $34,000 this year. He took the standard deduction of $6,100 and exemptions of $3,900 each for himself and the three children. Ann earned $20,000 this year. She took the standard deduction of $6,100 and an exemption of $3,900 for herself.
Compute the amount of tax that the Phillips family owed this year before credits.
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