Kimberly is considering tutoring part-time to earn extra money.
She currently makes $36500 in taxable income, and her spouse Ryan
earns $51500 in taxable income. If they file a joint tax return,
how much will she actually make on an additional $10000 in taxable
income?
A) $7600
B) $9000
C) $7800
| Tax Rate | Married Filing Jointly or Qualified Widow(er) |
|---|---|
| 10% | $0 - $19,400 |
| 12% | $19,400 - $78,950 |
| 22% | $78,950 - $168,400 |
| 24% | $168,400 - $321,450 |
| 32% | $321,450 - $408,200 |
| 35% | $408,200 - $612,350 |
| 37% | Over $612,350 |
Kimberly is considering tutoring part-time to earn extra money. She currently makes $36500 in taxable income,...
Comprehensive Income Tax Course: Module 1 4. Randy turned 16 last year and had his first summer job. Even though his parents are claiming him as a dependent he wants to file a return in order to get his refund. He receives his W-2 and decides he can do his own return using form 1040-EZ. Which of the following information is not found on a Form W-2? a) The taxpayer’s Social Security number b) The taxpayer’s wages, tips and other...