Question

Score: 0 of 1 pt 37 of 38 (31 complete) W Score: 72.15% , 27.42 of.. 4.E.61 Question Help Katie and Steve, who are engaged to be married, each have an adjusted gross income of $183,000. Assume each person takes one exemption and the standard deduction. Answer the questions below using the tax table to the right Married Filling Jointly up to $17.850 up to $36,250 to $72,500 up to $87.850 up to $146 400 up to $183,250 up to $223,050 up to $398,350 up to $398.350 $12 200 Tax Rate Single 10% 15% 25% 28% 33% Standard Deduction $6100 Exemptions (per up to $8.925 $3900 $3900 person) Calculate their income tax if they delay their marriage until next year so that they can file their tax returns as individuals at the single tax rate this year. The couple owes $ (Simplify your answer. Round to the nearest dollar as needed.)

Answer 1

	Gross income	183000
Less	Exception	3900
Less	Stander Deduction	6100
	Taxable Income	173000
Income Tax Per person	28%	48440
The couples income tax		96880