If a taxpayer has taxable income $80,900, what is her tax bracket? (Taxpayer filing status is married filing jointly) O 15% O 28% O 25% O 10%

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ISBN:9780470458365
Author:Erwin Kreyszig
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Refer the tax table to answer the following question.
TABLE 8.1 2016 Marginal Tax Rates, Sta dard Doductions, and Enengtons
Mantel i e
puter l
pute t nn
Mantal n her
purten Ala
segle la te
fenal lpy
thes khi et ef
rparting ckldprut
Ingly sepandal
Marrled Filing
Separately
Married
Ilead of
Ilousehold
Tax Rate
Single
up to $9275
Filing Jointly
10%
up to $9275
$9276 to $37,650
up to $13,250
$13.251 to $50,400
$50,401 to $130150
$151,S01 to $231,450 S10151 to $210,800
up to $18.550
15%
$9276 to $37,650
$18,551 to $75,00
$37.651 to $91.15o
$91.151 to $190,150
25%
$37651 to $7595o
$75,01 to $151.900
28%
$75,951 to $I15,725
S115,726 to $206675
33%
$190,151 to $413,150
$231451 to $41L190
$210801 to $413,150
35%
$413.351 to $15050
$206,676 to $233,475
$413.351 to $466950 S1151 to $441,000
39.6%
e than $415,060
Ke than $233,475
more ihan $46,950
mure tham $441.000
Standard
Deduction
$6300
$600
$12,600
$9300
Exemptions
(per person)
$4050
$4050
$1050
$4050
If a taxpayer has taxable income $80,900, what is her tax bracket?
(Taxpayer filing status is married filing jointly)
O 15%
O 28%
O 25%
O 10%
Transcribed Image Text:Refer the tax table to answer the following question. TABLE 8.1 2016 Marginal Tax Rates, Sta dard Doductions, and Enengtons Mantel i e puter l pute t nn Mantal n her purten Ala segle la te fenal lpy thes khi et ef rparting ckldprut Ingly sepandal Marrled Filing Separately Married Ilead of Ilousehold Tax Rate Single up to $9275 Filing Jointly 10% up to $9275 $9276 to $37,650 up to $13,250 $13.251 to $50,400 $50,401 to $130150 $151,S01 to $231,450 S10151 to $210,800 up to $18.550 15% $9276 to $37,650 $18,551 to $75,00 $37.651 to $91.15o $91.151 to $190,150 25% $37651 to $7595o $75,01 to $151.900 28% $75,951 to $I15,725 S115,726 to $206675 33% $190,151 to $413,150 $231451 to $41L190 $210801 to $413,150 35% $413.351 to $15050 $206,676 to $233,475 $413.351 to $466950 S1151 to $441,000 39.6% e than $415,060 Ke than $233,475 more ihan $46,950 mure tham $441.000 Standard Deduction $6300 $600 $12,600 $9300 Exemptions (per person) $4050 $4050 $1050 $4050 If a taxpayer has taxable income $80,900, what is her tax bracket? (Taxpayer filing status is married filing jointly) O 15% O 28% O 25% O 10%
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