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Fred and Wilma are in the 33% tax bracket. Their joint taxable income is $205,375. If the first $16,050 is taxed at 10%, with the remainder at 33%, how much tax will they owe?

Respuesta :

lexib100405

Answer:

$64,082.25

Step-by-step explanation:

$205,375-16,050=189,325

189,325×33% (or .30)=62,477.25

16,050×10% (or .10)=1,605

1,605+62,477.25=$64,082.25

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