Use the table to answer the questions below. Schedule Y-1- If your filing status is Married filing

Question:

Use the table to answer the questions below.
Schedule Y-1- If your filing status is Married filing jointly or Qualifying widow(er)

a. What is the tax for taxpayers filing jointly with a combined tax-able income of $134,786?
b. A married couple's tax is approximately $30,000. What is their approximate taxable income?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Financial Algebra advanced algebra with financial applications

ISBN: 978-0538449670

1st edition

Authors: Robert K. Gerver

See More Books

Question Posted: Apr 14, 2016 04:59 AM

See More Questions

Use the table to answer the questions. The elements that compose seawater, along with the corresponding percents, are shown in the table below. Where appropriate, round your answers to two decimal...
Use the table to answer the questions. The elements that compose seawater, along with the corresponding percents, are shown in the table below. Where appropriate, round your answers to two decimal...
Use the table to answer the questions. The elements that compose seawater, along with the corresponding percents, are shown in the table below. Where appropriate, round your answers to two decimal...
Suppose there are three buyers of candy in a market: Tex, Dex, and Rex. The market demand and the individual demands of Tex, Dex, and Rex are shown on the next page. a. Fill in the table for the...
Speediprint Corporation owns a small printing press that prints leaflets, brochures, and advertising materials. Speediprint classifies its various printing jobs as standard jobs or special jobs....
In Problems 43 54, factor each polynomial. x 2 + 7x 8
2. Which of the following foreign subsidiary accounts will be converted into the same number of U.S. dollars, regardless of whether translation or remeasurement is used? a Accounts receivable b...
Multiple Choice Questions Select the best answer for each of the following and explain fully the reason for your selection. a. Which of the following is least likely to be considered an inherent risk...
You are given the below B+S for XYZ Corporation. The firm has a policy to finance cash shortfalls by issuing onlyCommon Stock, and accumulating cash surpluses in cash account (it does not buy back...
Cybernetronics Inc. (Cyber) is a Canadian-owned public company which designs and manufactures communications and control systems. The company's year end is May 31. It is now June 2018. You, CPA, are...
Determine the tax for each filing status and taxable income amount listed using the tax tables in the Appendix. a. Single $97,642 b. Head of household $95,100 c. Married filing jointly $99,999 d....
Write a piecewise function to represent the tax y for the taxable income interval in the schedule below for a taxpayer whose filling status is married filling separately?
The vector from the origin to point A is given as (6,2,4), and the unit vector directed from the origin toward point B is (2,2, 1)/3. If points A and B are ten units apart, find the coordinates of...
Canis Major Veterinary Supplies Inc. DuPont Analysis Ratios Value Correct/Incorrect Ratios Value Correct/Incorrect Profitability ratios Gross profit margin (%) 50.00 Correct Asset management ratio...
The entrance to Salt Lake City (elevation 3,075 ft at the point of crossing) is grade separated from interstate highway (elevation 3,050 ft at the point of crossing) and will have to be connected....
McKnight Handcraft is a manufacturer of picture frames for large retailers. Every picture frame passes through two departments: the assembly department and the finishing department. This problem...
A deep reinforced concrete member carries two members with factored loads as shown in Figure 2. Material properties: fy 400 MPa, f'e = 50 MPa. a) Sketch a feasible strut and tie model indicating the...
If triangles ABC and DFG are similar triangles and side DF = 218, what is the value of side DG?
Find e 4f, assuming that e and f are unit vectors such that e + f= 3.
Name some of the various types of financial intermediaries described in the chapter and indicate the primary reason(s) each was created.
Shirts.com advertises a limited time sale, offering 1 turtleneck for $15 and 2 turtlenecks for $25. A total of 1250 turtlenecks are sold and $16,750 is taken in. How many customers ordered 2...
A train leaves Union Station for Central Station, 216 km away, at 9 A.M. One hour later, a train leaves Central Station for Union Station. They meet at noon. If the second train had started at 9 A.M....
An automobile radiator contains 16 L of antifreeze and water. This mixture is 30% antifreeze. How much of this mixture should be drained and replaced with pure antifreeze so that the final mixture...
DISCUSSION ACTIVITY All jurisdictions have legislation protecting seniority and benefits for qualified employees who are members of the Canadian Forces Reserves and who are deployed for active...
Firm J has net income of $90,160, sales of $980,000, and average total assets of $490,000. Firm J has net income of $90,160, sales of $980,000, and average total assets of $490,000. Required:...
Read Chapter 5 and the Tyco case and identify some of the signals of the misuse of acquisitions or merger reserves. How could these signals have helped the users of Tyco's financial statements...

Use the table to answer the questions below. Schedule Y-1- If your filing status is Married filing

Question:

If your taxable income is The tax is: of the amount over- But not Over- $0 16,050 65,100 131,450 200,300 357,700 over- $16,050 65,100 131,450 200,300 357,700 1090 $1,605.00 + 15% 8,962.50 + 25% 25,550.00 + 28% 44,828.00 + 33% 96,770.00 + 35% $0 16,050 65,100 131,450 200,300 357,700

Step by Step Answer:

a 134786 is over 131450 but not over 200300 ...View the full answer

Financial Algebra advanced algebra with financial applications

Students also viewed these Linear Algebra questions