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0. You filed a joint tax return. Prior to the passage of the 2017 TCJA, your tax bracket would be ________ but in 2019 (after the passage of the TCJA) your tax bracket will be _______? (Assume taxable income is fully taxable.)   Group of answer choices   39.6%; 37%

0. You filed a joint tax return. Prior to the passage of the 2017 TCJA, your tax bracket would be ________ but in 2019 (after the passage of the TCJA) your tax bracket will be _______? (Assume taxable income is fully taxable.)   Group of answer choices   39.6%; 37%

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Let's pretend you're married. Your taxable income was $180,000 and your spouse's taxable income was $80,000. You filed a joint tax return. Prior to the passage of the 2017 TCJA, your tax bracket would be ________ but in 2019 (after the passage of the TCJA) your tax bracket will be _______? (Assume taxable income is fully taxable.)

 

Group of answer choices

 

39.6%; 37%

 

33%; 24%

 

28%; 22%

 

25%; 32%

 

33%; 33%

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