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26 May, 22:12

If you are married filing jointly with your spouse and your income is $65,225.00, what is the amount of federal income tax you owe?

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  1. 27 May, 00:58
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    The answer is $7,827.00

    Explanation:

    The 2019-2020 federal income tax brackets varies from 10%, 12%, 22%, 24%, 32%, 35% and 37%. For a married filing jointly couple or a qualifying widow (er), with an income of $65,225.00, the tax bracket allocated will be 12% ($19,401 - $78,950) due for April 15, 2020.
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