Q:

According to the table below which of these is a possible taxable income for a married couple filing jointly in the 33% federal income tax bracket?

Accepted Solution

A:
Taxable income is simply part of one's earnings used to calculate tax.The couple's income can be #250,000The options are not given; so, I will provide a general answerFrom the table, the range of income for a married couple filling jointly in the 33% federal income tax bracket is #208850 to #372950This means that the couple's income can be between #208850 and #372950 (inclusive).For instance;The couple's income can be #250,000, because #250,000 is between #208850 and #372950 Their income can not be #200,000 or #400,000 because these earnings are not between #208850 and #372950 Read more about taxable income at: