Author Question: Table 1.22018 (due April 15, 2019)Tax ratesIndividual ReturnsJoint Returns10%$0 to $9,525$0 to ... (Read 52 times)

petersan · **on:** Mar 29, 2022

Table 1.2	2018 (due April 15, 2019)
Tax rates	Individual Returns	Joint Returns
10%	$0 to $9,525	$0 to $19,050
12%	$9,526 to $38,700	$19,051 to $77,400
22%	$38,701 to $82,500	$77,401 to $165,000
24%	$82,501 to $157,500	$165,001 to $315,000
32%	$157,501 to $200,000	$315,001 to $400,000
35%	$200,001 to $500,000	$400,001 to $600,000
37%	Over $500,000	Over $600,000

Jon earned $82,500 in taxable income, all from wages and interest, and files an individual tax return. What is the amount of Josh's taxes for the year 2018? Round to the nearest dollar.
◦ $13,750
◦ $14,090
◦ $18,150
◦ $12,285

ealonif · **Reply #1 on:** Mar 29, 2022

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