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Tax Tables

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Last updated almost 2 years ago
6 questions
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Question 1
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.

Question 2
2.

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.

Question 3
3.

Question 4
4.

Question 5
5.

Question 6
6.

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)
$19257.20
$26,407.20
$19,807.20
$4502
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?
$9856
$35,136
$30,502
$31,248
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)
$9856
$35,136
29,186.52
$30,504.52
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?
$2.52
$12,441.00
$16,923
$5,453