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Use the 2016 Tax Table to calculate how much income tax you will owe for the year. Your taxable income is $90,000 and your filing

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Use the 2016 Tax Table to calculate how much income tax you will owe for the year. Your taxable income is $90,000 and your filing status is Married, filing Jointly. How much income tax do you owe for the entire year?

A. $22,500.00

B. $18,271.25

C. $25,200.00

D. $37,650.00

Schedule Y-1 f your filing status is Married filing jointly or Qualifying widow(er) The tax is If your taxable income is: of the But not amount Over over- Over- $0 $0 $18,550 10% 18,550 75,300 18,550 $1,855.00 15% 151,900 75,300 10,367.50 25% 75,300 151,900 231,450 29,517.50 28% 151,900 413,350 231,450 51,791.50 33% 231,450 466,950 111,818.50 35% 413,350 413,350 466,950 466,950 130,578.50 39.6%

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