Jaylen and Zan are married, filing jointly. Their total adjusted gross income was $87,000 and they qualified for the standard deduction of $24,000. Use the following 2018 tax rate schedule to calculate their 2018 federal income tax. If your filing status is married, filing jointly or surviving spouses; and taxable income is more than: but not over: $0 $19,050 $77,400 $165,000 $315,000 $19,050 $77,400 $165,000 $315,000 $400.000 your tax is: 10% OF the taxable income $1905 plus 12% of the excess over $19,050 $8907 plus 22% of the excess over $77,400 $28,179 plus 24% of the excess over $165,000
Jaylen and Zan are married, filing jointly. Their total adjusted gross income was $87,000 and they qualified for the standard deduction of $24,000. Use the following 2018 tax rate schedule to calculate their 2018 federal income tax. If your filing status is married, filing jointly or surviving spouses; and taxable income is more than: but not over: $0 $19,050 $77,400 $165,000 $315,000 $19,050 $77,400 $165,000 $315,000 $400.000 your tax is: 10% OF the taxable income $1905 plus 12% of the excess over $19,050 $8907 plus 22% of the excess over $77,400 $28,179 plus 24% of the excess over $165,000
Chapter1: Equations, Inequalities, And Mathematical Modeling
Section1.3: Modeling With Linear Equations
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![Jaylen and Zan are married, filing jointly. Their total adjusted gross income was $87,000 and they qualified
for the standard deduction of $24,000. Use the following 2018 tax rate schedule to calculate their 2018
federal income tax.
If your filing status is married, filing jointly or surviving spouses;
and taxable income is more than: but not over:
$0
$19,050
$77,400
$165,000
$315,000
$400,000
$600,000
$19,050
$77,400
$165,000
$315,000
$400,000
$600,000
%
Search
Jaylen and Zan's 2018 Federal income tax is: $
(Round to the nearest dollar.)
What is Jaylen and Zan's effective tax rate? [Tax paid divided by taxable income]
(Write as a percent, rounded to one decimal place.)
your tax is:
10% OF the taxable income
$1905 plus 12% of the excess over $19,050
$8907 plus 22% of the excess over $77,400
$28,179 plus 24% of the excess over $165,000
$64,179 plus 32% of the excess over $315,000
$91,379 plus 35% of the excess over $400,000
$161,379 plus 37% OF THE AMOUNT OVER $600,000
G
I](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Febf3ad0c-32ca-4cb4-894e-baabb59d73f9%2F8bbf5556-0af8-4f13-b740-01403d73701d%2F63vrd7m_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Jaylen and Zan are married, filing jointly. Their total adjusted gross income was $87,000 and they qualified
for the standard deduction of $24,000. Use the following 2018 tax rate schedule to calculate their 2018
federal income tax.
If your filing status is married, filing jointly or surviving spouses;
and taxable income is more than: but not over:
$0
$19,050
$77,400
$165,000
$315,000
$400,000
$600,000
$19,050
$77,400
$165,000
$315,000
$400,000
$600,000
%
Search
Jaylen and Zan's 2018 Federal income tax is: $
(Round to the nearest dollar.)
What is Jaylen and Zan's effective tax rate? [Tax paid divided by taxable income]
(Write as a percent, rounded to one decimal place.)
your tax is:
10% OF the taxable income
$1905 plus 12% of the excess over $19,050
$8907 plus 22% of the excess over $77,400
$28,179 plus 24% of the excess over $165,000
$64,179 plus 32% of the excess over $315,000
$91,379 plus 35% of the excess over $400,000
$161,379 plus 37% OF THE AMOUNT OVER $600,000
G
I
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