What is the amount of the tax liability for a married couple having taxable income of $153,500? All answers should be rounded to the nearest dollar.
A)$30,233.
B)$29,966.
C)$38,375.
D)$30,032.

Question

Quizplus · Accepted Answer

The tax liability for a married couple with a taxable income of $153,500 is calculated using the IRS tax brackets for the relevant year. Based on the 2023 tax brackets, the correct tax liability is $29,966.

What Is the Amount of the Tax Liability for a Married