Income Taxes The federal income tax rate schedule for a joint return in 2010 is illustrated in the table. If Steve and Maureen Tomlin paid $13,365 in federal taxes, find the family’s adjusted gross income.
Adjusted Gross Income | Taxes |
$0-$16,750 | 10% of income |
$16,750-$68,000 | $1675 + 15% of amount over $16,750 |
$68,000-$137,300 | $9362.50 + 25% of amount over $68,000 |
$137,300-$209,250 | $26,687.50 + 28% of amount over $137,300 |
$209,250-$373,650 | $46,833.50 + 33% of amount over $209,250 |
$373,650 and above | $101,085.50 + 35% of amount over $373,650 |
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