Asher is married and has an annual income of $106,000. He files...

Asher is married and has an annual income of $106,000. He files jointly and has a taxable income of $82,000. The tax brackets and tax rates are as follows:

$0-$19,050: 10%

$19,050-$77,400: 12%

$77,400-$165,000: 22%

Calculate Asher's tax and the effective tax rate.

• Asher pays $18,040 in tax and has an effective tax rate of 17.50%.
• Asher pays $7,002 in tax and has an effective tax rate of 7%.
• Asher pays $9,919 in tax and has an effective tax rate of 9.36%.
• Asher pays $23,320 in tax and has an effective tax rate of 23%.