The tax liability for a married couple with taxable income of $141,325 is:
A) $35,331.
B) $26,919.
C) $20,276.
D)$21,199.

Question

Quizplus · Accepted Answer

To determine the tax liability for a married couple with a taxable income of $141,325, we may refer to the tax tables or use tax software. However, using the IRS tax table available in the Form 1040 instructions, we find that the tax liability for a couple with taxable income of $141,325 is $26,919.

The Tax Liability for a Married Couple with Taxable Income