Table 1.2
Use the following tax rates and income brackets for 2015 to answer the following question(s).
-In 2015, John and Nicole earned a combined taxable income of $148,800 from employment plus $1,000 in long term capital gains and they file a joint tax return.What is their total federal income tax? Round to the nearest dollar.

Question

Table 1.2
Use the following tax rates and income brackets for 2015 to answer the following question(s). 
-In 2015, John and Nicole earned a combined taxable income of $148,800 from employment plus $1,000 in long term capital gains and they file a joint tax return.What is their total federal income tax? Round to the nearest dollar.

Quizplus · Accepted Answer

The Answer of Table 1.2
Use the following tax rates and income brackets for 2015 to answer the following question(s). 
-In 2015, John and Nicole earned a combined taxable income of $148,800 from employment plus $1,000 in long term capital gains and they file a joint tax return.What is their total federal income tax? Round to the nearest dollar.

Table 1.2 Use the Following Tax Rates and Income Brackets for 2015