Tiffany is married and filling joint returns with her husband Aris. They have $108,000 taxable income. What is their marginal tax rate? Your 2019 individual income tax brackets 2019 Individual Income Tax Rates 10 percent 12 percent 22 percent 24 percent 32 percent 35 percent 37 percent O 10% O 12% 22% 24% Single- Taxable Income 0 to 19,700 $9.701 to $19,475 $39.476 10 164,200 384,201 10 $160,725 $160,726 to 1204.100 1204301 to $510,100 $510,301 and vo Married Filing Jointly -Taxable Income 0 to $19,400 $19,401 to $70.950 $78,951 to $168.400 $168.401 to $321,450 $321451 to $408.200 1408.201 to 1 1612.350 $612,351 and Head of Household - Taxable Income 0 to $13,850 $13,851 to $52,050 $52,851 to 184,200 $84,201 to $10,700 $160,701 to 1204,100 1204,101 10 $510,300 $510.301 and up
Tiffany is married and filling joint returns with her husband Aris. They have $108,000 taxable income. What is their marginal tax rate? Your 2019 individual income tax brackets 2019 Individual Income Tax Rates 10 percent 12 percent 22 percent 24 percent 32 percent 35 percent 37 percent O 10% O 12% 22% 24% Single- Taxable Income 0 to 19,700 $9.701 to $19,475 $39.476 10 164,200 384,201 10 $160,725 $160,726 to 1204.100 1204301 to $510,100 $510,301 and vo Married Filing Jointly -Taxable Income 0 to $19,400 $19,401 to $70.950 $78,951 to $168.400 $168.401 to $321,450 $321451 to $408.200 1408.201 to 1 1612.350 $612,351 and Head of Household - Taxable Income 0 to $13,850 $13,851 to $52,050 $52,851 to 184,200 $84,201 to $10,700 $160,701 to 1204,100 1204,101 10 $510,300 $510.301 and up
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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