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Use the 2016 Tax Table for Married couples Filing Jointly to calculate the tax due from a married couple filing jointly with a taxable income

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Use the 2016 Tax Table for Married couples Filing Jointly to calculate the tax due from a married couple filing jointly with a taxable income of $157,000. (Round your answer to the nearest cent.) $ 2016 Tax Table for Married Couples Filing Jointly If Taxable Income The Tax is Is over But not over This amount Plus this % Of the excess over Schedule Y-1Use if your filing status is Married filing jointly or Qualifying widow(er) $0 $18,550 10% $0 18,551 75,300 $1855.00 15 % 18,550 75,301 151,900 10,367.50 25 % 75,300 151,901 231,450 29,517.50 28 % 151,900 231,451 413,350 51,791.50 33 % 231,450 413,351 466,950 111,818.50 35 % 413,350 466,951 130,578.50 39.6 % 466,950

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