You and spouse are filing a joint return.Your current deductions have reduced your taxable income to $88,990,bringing you into the 25 percent tax bracket.The first dollars you earned will be taxed at the ________ tax bracket.

Question

Quizplus · Accepted Answer

In a progressive tax system, the first portion of income is taxed at the lowest rate. For joint filers, the first dollars are taxed at the 10 percent bracket.

You and Spouse Are Filing a Joint Return