Tax Tables

Last updated over 1 year ago
6 questions
1

How much money will you owe on your 2023 Federal Income taxes if you made $40,425 and file as single?


Show your work with a screenshot of where you found the answer.

1

How much money will you owe on your Federal Income taxes if you and your spouse made $94,325 combined and filed as Married Jointly?

Show your work with a screenshot of where you found the answer.

1

How much money will you owe on your Federal Income taxes if you made $110,030 and filed as Single?
(HINT, use the worksheet on pg 15 of the PDF)

1

Suppose we have a married couple trying to decide what is the better deal in terms of filing their taxes.
Beth makes $95,426 and Jerry makes $85,890.
How much money will they owe if they file separately, then combine their tax burdens?

1

Suppose we have a married couple trying to decide what is the better deal in terms of filing their taxes.
Beth makes $95,426 and Jerry makes $85,890.
How much money will they owe if they file jointly?

(HINT Add their incomes together, then use Section B of the Worksheet of pg 15 of the PDF)

1

Suppose we have a married couple trying to decide what is the better deal in terms of filing their taxes. Beth makes $95,426 and Jerry makes $85,890.
How much money will they SAVE by filing jointly?