Question

Gabriella and Roberto who are engaged to be​ married, each have an adjusted gross income of...

Gabriella and Roberto who are engaged to be​ married, each have an adjusted gross income of $189,000. Assume each person takes one exemption and the standard deduction. Answer the questions below using the tax table to the right.

Tax Rate Single Filing jointly
10% up to $8,925 $17,850
15% up to $36,250 $72,500
25% up to $87,850 up to $146,400
28% up to $183,250 up to $223,050
33% up to $398,350 up to $398,350
standard deductions $6100 $12,200
exemption per person $3900 $3900

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.)

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Solutions Gross income 189000 Exception 3900 Less zesse Standard deduction 6100 Taxable income 179000 solo Income tax per per

Add a comment
Know the answer?
Add Answer to:
Gabriella and Roberto who are engaged to be​ married, each have an adjusted gross income of...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Katie and Roberto have adjusted gross incomes of $47,000 and $32,800, respectively. Assume that each person...

    Katie and Roberto have adjusted gross incomes of $47,000 and $32,800, respectively. Assume that each person takes one exemption and the standard deduction. Answer parts (a) through (c) below. Tax Rate Married Filing Single Jointly 10% up to $8,925 up to $17,850 15% up to $36,250 up to $72,500 25% up to $87,850 up to $146,400 28% up to $183,250 up to $223,050 Standard $6100 $12,200 Deduction Exemptions $3900 $3900 (per person) a. Calculate the tax owed by the couple...

  • Gabriella and Steve have adjusted gross incomes of $47,100 and $32,700, respectively. Assume that each person...

    Gabriella and Steve have adjusted gross incomes of $47,100 and $32,700, respectively. Assume that each person takes one exemption and the standard deduction. Answer parts ​(a) through ​(c) below Tax Rate Single Married Filing Jointly 10% up to $8,925 up to $17,850 15% up to $36,250 up to $72,500 25% up to $87,850 up to $146,400 28% up to $183,250 up to $223,050 Standard Deduction $6,100 $12,200 Exemptions​ (per person) $3,900 $3,900 a. Calculate the tax owed by the couple...

  • Gabriella and Steve have adjusted gross incomes of $48,500 and $32,900, respectively. Assume that each person...

    Gabriella and Steve have adjusted gross incomes of $48,500 and $32,900, respectively. Assume that each person takes one exemption and the standard deduction. Answer parts ​(a) through ​(c) below. Tax Rate Single Married filing Jointly 10% up to $8,925 up to $17,850 15% up to $36,250 up to $72,500 25% up to $87,850 up to $146,400 28% up to $183,250 up to $223,050 Standard Deduction $6,100 $12,200 Exemptions Per person $3,900 $3,900 a. Calculate the tax owed by the couple...

  • Rebecca and Steve have adjusted gross incomes of $47,600 and $33,200​, respectively. Assume that each person...

    Rebecca and Steve have adjusted gross incomes of $47,600 and $33,200​, respectively. Assume that each person takes one exemption and the standard deduction. Answer parts ​(a) through ​(c) below. Tax Rate Single Married Filing Jointly ​10% up to​ $8,925 up to ​$17,850 ​15% up to​ $36,250 up to​ $72,500 ​25% up to​ $87,850 up to​ $146,400 ​28% up to​ $183,250 up to​ $223,050 Standard Deduction ​$6100 ​$12,200 Exemptions​ (per person) ​$3900 ​$3900 a. Calculate the tax owed by the couple...

  • Rebecca and Michael have adjusted gross incomes of $47,100 and $32,500 respectively. Assume that each person...

    Rebecca and Michael have adjusted gross incomes of $47,100 and $32,500 respectively. Assume that each person takes one exemption and the standard deduction. Answer parts ​(a) through ​(c) below. Tax Rate Single Married Filing Jointly ​10% up to​ $8,925 up to ​$17,850 ​15% up to​ $36,250 up to​ $72,500 ​25% up to​ $87,850 up to​ $146,400 ​28% up to​ $183,250 up to​ $223,050 Standard Deduction ​$6100 ​$12,200 Exemptions​ (per person) ​$3900 ​$3900 a. Calculate the tax owed by the couple...

  • Mia and Todd have adjusted gross incomes of ​$46,700 and ​$32,600​ respectively. Assume that each person...

    Mia and Todd have adjusted gross incomes of ​$46,700 and ​$32,600​ respectively. Assume that each person takes one exemption and the standard deduction. Tax Rate Single Married Filing Jointly ​10% up to​ $8,925 up to ​$17,850 ​15% up to​ $36,250 up to​ $72,500 ​25% up to​ $87,850 up to​ $146,400 ​28% up to​ $183,250 up to​ $223,050 Standard Deduction ​$6100 ​$12,200 Exemptions​ (per person) ​$3900 ​$3900 Answer parts ​(a) through ​(c) below. Calculate the tax owed by the couple if...

  • Gabriella and Roberto have adjusted gross incomes of $46,500 and $32,700, respectively. Assume that each person...

    Gabriella and Roberto have adjusted gross incomes of $46,500 and $32,700, respectively. Assume that each person takes one exemption and the standard deduction. Answer parts (a) through (c) below. Married Filing Tax Rate Single Jointly 10% up to $8.925 up to $17.850 15% up to $36.250 up to $72,500 25% up to $87,850 up to $146.400 28% up to $183,250 up to $223,050 Standard $6100 $12.200 Deduction Exemptions (per $3900 $3900 person) a. Calculate the tax owed by the couple...

  • Mia and Michael have adjusted gross incomes of $47,600 and $33,600, respectively. Assume that each person...

    Mia and Michael have adjusted gross incomes of $47,600 and $33,600, respectively. Assume that each person takes one exemption and the standard deduction. Answer parts (a) through (c) below. Married Filing Single Tax Rate Jointly 10% up to $8,925 up to $17,850 15% up to $36,250 up to $72,500 25% up to $87,850 up to $146,400 28% up to $183,250 up to $223,050 Standard $6100 $12,200 Deduction Exemptions $3900 $3900 (per person) a. Calculate the tax owed by the couple...

  • Gabriella and Roberto have adjusted gross incomes of $48,000 and $32,700, respectively. Assume that each person...

    Gabriella and Roberto have adjusted gross incomes of $48,000 and $32,700, respectively. Assume that each person takes one exemption and the standard deduction. Answer parts (a) through (c) below. Tax Rate 10% 15% 25% 28% Standard Married Filing Single Jointly up to $8.925 up to $17.850 up to $36,250 up to $72.500 up to $87,850 up to $146.400 up to $183,250 up to $223,050 $6100 $12 200 Exemptions (per 1 person) $3900 3900 a. Calculate the tax owed by the...

  • I need help understanding and solving this please. Rebecca and Roberto have adjusted gross incomes of...

    I need help understanding and solving this please. Rebecca and Roberto have adjusted gross incomes of $49,000 and $33,200, respectively. Assume that each person takes one exemption and the standard deduction. Answer parts (a) through (c) below. Married Filing Tax Rate Single Jointly 10% up to $8,925 up to $17,850 15% up to $36,250 up to $72.500 25% up to $87,850 up to $146,400 28% up to $183,250 up to $223.050 Standard $6100 $12,200 Deduction Exemptions $3900 $3900 (per person)...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT