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Table 1.2 Use the following tax rates and income brackets for 2015 to answer the following question(s). Josh earned $82,500 in taxable income, all from

Table 1.2

Use the following tax rates and income brackets for 2015 to answer the following question(s).

Josh earned $82,500 in taxable income, all from wages and interest, and files an individual tax return. What is the amount of Josh's taxes for the year 2015?

Tax Rates Individual Returns Joint Returns
10% $0 to $9,075 $0 to $18,150
15% $9,076 to $36,900 $18,151 to $73,800
25% $36,901 to $89,350 $73,801 to $148,850
28% $89,351 to $186,350 $148,851 to $226,850
33% $186,351 to $405,100 $226,851 to $405,100
35% $405,101 to$406,750 $405,101 to $457,600

Josh earned $82,500 in taxable income, all from wages and interest, and files an individual tax return. What is the amount of Josh's taxes for the year 2015? Round to the nearest dollar.

A.

$18,425

B.

$13,750

C.

$12,285

D.

$16,481

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