For equivalent amounts of taxable income,the total tax liability of a single individual:
A)Will be less than married filing jointly.
B)Will be more than married filing jointly.
C)Will be more than married filing separately.
D)Cannot be determined with the information provided.

Question

Quizplus · Accepted Answer

The total tax liability of a single individual will generally be more than married filing jointly for equivalent amounts of taxable income. This is because the tax brackets for married filing jointly are different and generally provide for more favorable tax rates and higher income thresholds before entering a higher tax bracket.

For Equivalent Amounts of Taxable Income,the Total Tax Liability of a Single