Ch+3+Problem+52.xlsx - Problem 52 Taxable income a Income tax Liability Pay 15(75475-18650 Income tax Liability $ Married Filing Jointly 75,475.00 $

Ch+3+Problem+52.xlsx - Problem 52 Taxable income a Income...

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Problem 52 Taxable income $ 75,475.00 a. Married Filing Jointly Income tax Liability Pay $ 1,865.00 (+) 15% (75475-18650) 8523.75 Income tax Liability $ 10,388.75 b. Married Filing Separately Income tax liablitliy Pay $ 5,226.25 (+) 25% (75475-37950) $ 9,381.25 Income tax liablitliy

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