Use the 2016 marginal tax rates to compute the tax owed by the following couple. A married couple filing jointly with a taxable income of $319,000 and a $7000 tax credit Click the icon to view the 2016 marginal tax rates. 3 The tax owed is $ (Type an integer or a decimal. Round to the nearest cent as needed.)

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Answer 1

A married couple filing jointly with a taxable income of $319,000 and a $7000 tax credit Click the icon to view the 2016 marginal tax rates, the couple will owe $76,168.50 tax.

The taxable income of the married couple is $319,000 and they have a tax credit of $7,000. So, the couple's net taxable income is $319,000 − $7,000 = $312,000.Using the 2016 marginal tax rates to compute the tax owed by the following couple.

A married couple filing jointly with a taxable income of $319,000 and a $7000 tax credit the tax owed is $76,168.50. We can use the marginal tax rate schedules and the following calculation to compute the tax owed by the couple:

Calculation of the tax owed by the couple Gross taxable income = $312,000.00

Marginal tax rate on $75,300 = 15%

Marginal tax rate on $75,300 to $151,900 = 28%

Marginal tax rate on $151,900 to $231,450 = 31%

Marginal tax rate on $231,450 to $312,000 = 36.00%

Amounts subject to each marginal tax rate = $75,300.00, $76,600.00, $79,550.00

Tax on amounts subject to each marginal rate = $11,295.00, $21,488.00, $24,359.50, $19,025.00

Total tax owed = $76,168.50

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Related Questions

What the name of organization that reduces risks on both sides of international business deals by linking buyers and sellers in different countries?

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The organization that reduces risks on both sides of international business deals by linking buyers and sellers in different countries is known as an Export-Import Bank (EXIM Bank).

EXIM Banks provide various financial services, including loans, guarantees, and insurance, to support and promote international trade. They help businesses overcome the challenges and risks associated with exporting and importing, such as political instability, currency fluctuations, and payment defaults. By providing financing and credit support, EXIM Banks facilitate trade and enable businesses to expand into new markets. They also contribute to the economic development of both exporting and importing countries by fostering increased trade and investment.

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corporations enjoy first amendment rights in that they have the ability to spend more freely on elections true or false

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The given statement "Corporations enjoy First Amendment rights in that they have the ability to spend more freely on elections" is true. This is because the government may not limit the political parties.

What are the First Amendment rights?

According to the 2010 Supreme Court ruling in Citizens United v. Federal Election Commission, the court held that corporations have the same First Amendment rights as individuals to spend money in support of or opposition to political candidates.

This decision opened the door for corporations to spend unlimited amounts of money on political campaigns. In Citizens United v. Federal Election Commission, the Supreme Court declared that the government may not limit political spending by corporations in candidate elections because doing so would violate the First Amendment.

Corporations and unions have First Amendment rights, the Court explained in Citizens United. They must be permitted to communicate with the public about political matters since speech concerning public affairs is more than self-expression; it is the essence of self-government.

The Constitution protects speech and the freedom of the press, which enables all members of the public, including businesses and unions, to express their viewpoints and participate in the debate on equal footing.

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When discussing choosing a Cunningham for the jury, Atticus says, “When you analyze it, there was little risk. There’s no difference between one man who’s going to convict and another man who’s going to convict, is there? There’s a faint difference between a man who’s going to convict and a man who’s a little disturbed in his mind, isn’t there?

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Atticus says they're pοοr  grοwers, but want tο get by οn their οwn. Hοwever, they pay in crοps because that's all they can dο, If they need tο hire peοple.

Atticus has nοthing against the Cunninghams, but Scοut dοes n’t knοw any better. She said tο Calpurnia, “ he ain’t cοmpany, Cal, he’s just a Cunningham.

”She alsο says that he lοοks like he was raised οn fish fοοd. After Scοut explained why she was  frenetic at Walter, he tοld her tο put herself in his shοes. That yοu  nοway  really knοw a persοn unless yοu see the wοrld in their pοint οf view.

The Finches are  analοgοus tο the Cunninghams because bοth families are cοnsidered pοοr because οf the Great Depressiοn, indeed thοugh the Cunninghams have lοwer. The are different because οf sοcial class.

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How important is money

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Answer:

very important

Explanation:

money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.

if you are selling a product for 24.99 that orinally was costing 59.99 how much of a disounct it that?

Answers

In case you are promoting a product for 24.ninety nine that at first become costing 59.ninety nine, 20%off the unique fee of $19.ninety nine.

The required details for product in given paragraph

A product is the object supplied for sale. A product can be a provider or an object.  Every product is made at a fee and every is offered at a fee. The fee that may be charged relies upon at the market, the quality, the advertising and marketing and the section this is targeted. Each product has a beneficial lifestyles and then it wishes replacement, and a lifestyles cycle and then it must be re-invented.

In FMCG parlance, a logo may be revamped, re-released or prolonged to make it extra applicable to the section and times, frequently retaining the product nearly the same.

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not having to establish manufacturing operations overseas and being able to work to achieve experience curve and location economies are advantages of blank .benefits associated with entering a market on a large scale? (check all that apply.)

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Not having to establish manufacturing operations overseas and being able to work to achieve experience curve and location economies are advantages of Exporting .

The structure and system that produces a product that can be sold to a customer are referred to as manufacturing operations. The process includes determining what customers want, acquiring materials, and producing a product. It also includes the steps for product delivery and inventory Exporting. Automotive companies, bakeries, shoemakers, and tailors are all examples of manufacturing because they all create products rather than providing services. However, logging and mining are not examples of manufacturing because they do not convert goods into new products.

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Describe two things you can do to make sure you are using another person's work fairly.

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Answer:

cite the source and describe how you obtained it

Identify the problem by analyzing the given scenario. An IT software company is losing market share because it fails to launch new products in a timely manner. Decisions are centralized at the top, and employees have little or no voice. One way to solve this problem is to use teams to eliminate ____ in the company.​

Answers

Explanation:

to eliminate their best efforts in the company

Answer:

"bureaucratic barriers"

Explanation:

i got it right on plato

Which change is illustrated by the shift taking place on this graph?

an increase in supply
a decrease in supply
an increase in demand
a decrease in demand

Which change is illustrated by the shift taking place on this graph?an increase in supplya decrease in

Answers

The change illustrated by the shift of the curve in the graph is a decrease in supply.

What is the supply curve?

The supply curve is curve that shows the relationship between price and quantity supplied. The supply curve is positively sloped. As price increases, quantity supplied increases.

What is a decrease in supply?

When there is a shift to the left, it means there is a decrease in supply. The factors that can lead to a decline in supply are:

decrease in the number of suppliersincrease in the price of inputs

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Answer:

b

Explanation:

a decrease in supply

which word best describes the writing process in business writing ?

Answers

Answer: Brainstorm Pre-write. Write rough draft. Peer-review. Revise ideas. Edit Publish Establish constructive purposes for student writing. Find real audiences, beyond the teacher, for students' writing

Why is the interest rate one of the biggest factors when calculating the financial charges on credit cards?

Answers

In a loan, the interest rate is considered as the biggest factors in calculating finance charges because the interest rate adds a percentage of money not already spent to pay towards the credit cards if not paid in full each month.

What is an interest rate in loan?

The term "interest rate" is a rate that tells you how high the cost of borrowing is or high the rewards are for saving. As a borrower, an interest rate is the amount you are charged for borrowing money which is shown as a percentage of the total amount of the loan.

In a loan, the finance charge means the total cost of borrowing money which includes the interest paid and any service fees by the lender which is why the interest rate is a big factor in calculating finance charges of credit cards.

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What are some good colleges in New Orleans that arent expensive??

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Answer:

southern university, Dillard university, university of new orleans

Excuse me,



(ಠ_ಠ)
ง ง

Answers

Answer: >:o
Explanation:

PLEASE HELP ASAP!! CORRECT ANSWER ONLY PLEASE!!!Type the CORRECT answer in the box.

Round your answer to the nearest hundredth, if necessary.A basket of goods costs $85 in year 1. If the same basket costs $90 in year 2, what is the CPI for year 2?

The CPI for year 2 is ___.

Answers

Answer:

105.88

Explanation:

The consumer price index measures the changes in price of a basket of good. It is used to measure inflation.

CPI = Current year price / base year price x 1000

90/85 x 100 = 105.88

Answer:

105.88

Explanation:

Which of the following falls outside of the classification of business expenditures that fall into the category of variable costs?
a) costs that increase with the quantity produced
b) costs of research and development
c) costs related to labor expenditures
d) costs related to physical inputs

Answers

The option that falls outside of the classification of business expenditures that fall into the category of variable costs is option C. costs of research and development. Read below about costs of research and development.

What is a costs of research and development?

These are costs taken to develop new products or processes that may or may not result in commercially viable items. The general rule is that research and development costs are to be expensed immediately when the costs are incurred.

Therefore, the correct answer is as given above.

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According to the liquidity premium theory of the term structure, a downward sloping yield curve indicates that short-term interest rates are expected to.

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According to the liquidity premium theory of the term structure, a downward sloping yield curve indicates that short-term interest rates are expected to. decline sharply in the future.

Interest is fee from a borrower or deposit-taking monetary organization to a lender or depositor of an amount above repayment of the main sum, at a specific fee. it is wonderful from a price which the borrower may additionally pay the lender or a few 0.33 party.

Interest is the rate you pay to borrow money or the value you rate to lend money. Interest is most customarily meditated as an annual percent of the amount of a loan. This percent is known as the interest charge on the mortgage.

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Carl is balancing his checking account. After comparing the bank statement to his register, he notices an outstanding debit of $58. 0. Which shows the correct amount in Carl's checking account? $51. 75 $109. 75 $167. 75 $221. 87.

Answers

Based on the current balance and the outstanding debit, the correct amount in the account is $51.75

When a person gets a debit in the bank account, it means that there is a deduction from their account.

An outstanding debit of $58 is therefore a deduction from the current balance which is $109.75

The correct amount is therefore:

= 109.75 - 58

= $51.75

In conclusion, the correct balance is $51.75

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Carl is balancing his checking account. After comparing the bank statement to his register, he notices

A). 15
B). 13.6
C). 14.3
D). 20
E). 10
Joe's radio tower fabrication company has developed the following milestone project schedule. What is the expected time duration for the project? A Complete Design B с E ACTIVITY F D Site Selection G

Answers

The given project schedule is as follows: A – Complete Design; B – Site Selection; C – Fabricate Tower Sections; D – Transport Tower Sections to Site; E – Erect Tower Sections; F – Install Antennas and Transmitters; G – Test Tower Performance.

Given the information, the expected time duration for the project is 20.The expected time duration for the project is the sum of the time duration of each activity involved in the project. Here, we have the following activities:Complete Design: 2 daysSite Selection: 1 dayFabricate Tower Sections: 6 daysTransport Tower Sections to Site: 2 daysErect Tower Sections: 3 daysInstall Antennas and Transmitters: 3 daysTest Tower Performance: 3 daysHence, the total duration of the project would be 20 days. Thus, option D (20) is the correct answer.Here are some tips for writing answers with more than 200 words.

Start with an introduction: Begin by introducing your topic and briefly explain what it entails. This helps give the reader an idea of what to expect in your answer.2. Provide detailed information: To reach the required word count, provide in-depth explanations, examples, and elaborations on the topic. Use different sources of information to support your argument.3. Organize your answer: Break your answer into subheadings and paragraphs to make it easier to read and understand. Use transition words to make your sentences flow.4. Summarize and conclude: Summarize the main points of your answer and provide a conclusion that ties everything together. This will help the reader understand the key takeaways from your answer.

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Click this link to view O*NET's Work Activities section for Registered Nurses. Note that common activities are listed
toward the top, and less common activities are listed toward the bottom. According to O*NET, what are some
common work activities performed by Registered Nurses? Check all that apply.
communicating with supervisors, peers, or subordinates
making decisions and solving problems
repairing and maintaining mechanical equipment
drafting technical devices
assisting and caring for others
O documenting/recording information

Answers

Answer:

acdf

Explanation:

Answer:

C,D,E

Explanation:

right on Edge

Goals should be manageable and large.
O A.
True
B.
False

Answers

Answer:

B) False

Explanation:

your goals can be above and beyond, may take a while to get there, but u will if u keep trying even if u fail the first time.

(table: barrels of oil 2) refer to the table. how many barrels of oil should the company produce to maximize profit?

Answers

The marginal revenue from producing the fifth barrel of oil is $50.

The marginal revenue is the additional revenue earned by selling one more unit of the product, in this case, one more barrel of oil.

To find the marginal revenue from producing the fifth barrel of oil, we need to look at the total revenue earned from producing five barrels of oil and subtract the total revenue earned from producing four barrels of oil.

From the table, we can see that producing 4 barrels of oil yields a total revenue of $200, and producing 5 barrels yields a total revenue of $250.

Therefore, the marginal revenue from producing the fifth barrel of oil is:

Marginal revenue = Total revenue from producing 5 barrels - Total revenue from producing 4 barrels

= $250 - $200

= $50

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Table: Barrels of Oil 2

Barrel of Oil Produced    Total Revenue    Total Cost   Price

1 $50 $4 $50

2 100 10 50

3 150 21 50

4 200 38 50

5 250 61 50

6 300 90 50

7 350 126 50

8 400 176 50

9 450 266 50

10 500 390 50

Reference: Ref 11-2

(Table: Barrels of Oil 2) Refer to the table. What is the marginal revenue of producing the fifth barrel of oil?

how have economic changes in the united states transofrmed the nature and types of labor unions in the country

Answers

Economic changes in the United States have led to a decline in manufacturing jobs and a rise in service-based industries, resulting in a shift in labor union membership.

Economic changes in the United States have greatly impacted the nature and types of labor unions in the country. Traditionally, labor unions were associated with manufacturing industries, which made up a large part of the American economy in the early and mid-20th century.  These unions were often focused on issues such as wages, hours, and working conditions for blue-collar workers. In recent decades, however, there has been a decline in manufacturing in the United States and a rise in service industries.
As a result, there has been a decline in union membership and a shift towards more service-oriented unions. These unions represent a variety of professions, such as healthcare workers, teachers, and public employees, and are often focused on issues such as job security, healthcare benefits, and retirement benefits.
Another factor that has impacted the types of unions that exist is the rise of globalization and outsourcing. Many American companies have moved their manufacturing and service operations to countries with lower labor costs, which has led to job loss and declining wages for American workers. This has resulted in the creation of unions that are focused on protecting the rights of immigrant and temporary workers, who often work in industries such as agriculture, construction, and hospitality.
These unions work to ensure that these workers are paid fair wages, have safe working conditions, and are protected from exploitation. In conclusion, the economic changes in the United States have transformed the nature and types of labor unions in the country.

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What value would be returned in Excel cell d49?

Answers

It should be noted that the value returning will be 1 in Excel cell d49.

Counting the cells that would match a set of criteria is the sole goal of a COUNTIFS function. The number of times the criteria are satisfied would be the value that is returned in such a situation.

=COUNTIFS is the function's name (range1, criteria1, range2, criteria2, . . . )

It will therefore assess the first range and its criteria, the second range, etc. Due to the fact that the criteria are only matched once, the value returned would be 1.

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Explain your approach in energy audits in third world countries. In your explanation give give evidence how other countries and companies have implemented the need for energy audits as a business. Also SWOT analysis of implementing energy audits in countries

Answers

The strategy is to increase awareness, set policies, develop capacity, carry out pilot projects, give financial support, and track results. Examples include mandated energy audit programmes in the UK and Germany.

Global energy audit services are provided by businesses like Siemens and Schneider Electric. SWOT evaluation Cost savings and sustainability are its strengths. Lack of knowledge and resources are its weaknesses. Opportunities to bring in investments and achieve goals; Resistance and political instability are threats. Energy audits have the potential to increase energy efficiency and sustainability, but overcoming obstacles calls for all-encompassing policies and cooperation between national and international agencies.

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disclosing confidential information of a past employer to gain advantage at a new job is a violation of the standard of ethics?

Answers

Disclosing confidential information of a past employer to gain an advantage at a new job is a violation of the confidentiality standard of ethics.

What is ethics?

Ethics or moral philosophy is a branch of philosophy that "involves systematizing, defending, and recommending concepts of right and wrong behavior". The field of ethics, like aesthetics, is concerned with matters of value; together, these fields comprise the branch of philosophy known as axiology.

Furthermore, ethics investigates the rational basis for our moral judgments; it investigates what is morally right or wrong, just or unjust. In a broader sense, ethics considers human beings and their interactions with nature and other humans, as well as freedom, responsibility, and justice.

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governments that are interested in minimizing the efficiency costs of taxation should only tax goods where

Answers

If a government is interested in minimizing the efficiency cost of taxation, they should only tax goods where the demand, supply, or both are relatively inelastic. If the price is elastic, then the tax could change the efficiency of the cost. Remember, prices that are inelastic are harder to change, while elastic prices are easier to effect through things such as taxes.

I hope this helps! :)

Governments that are interested in minimizing efficiency costs of taxation should only tax goods where demand or supply, or both, are relatively inelastic.

What is inelastic demand and inelastic supply?

Inelastic demand is when a customer's demand for a product does not change as much as a product's price change. When prices increase by 20% and demand decreases by just 1%, the demand is said to be inelastic.

This problem frequently arises with common household goods and services. People will continue to buy roughly the same amount of goods or services after a price increase since their needs remain the same.

In an economy with inelastic supply, manufacturers will produce the same amount whether the cost of their goods is higher or lower.

This happens when the change in the amount supplied as a percentage is smaller than the change in the price as a percentage, and the absolute value of the coefficient is below 1.

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Does not have a fixed shape or a definite volume and can be compressed.The state of matter that is defined in the above
statement is --------​

Answers

The statement answer is gas

How do the potential costs and benefits of each career path affect your choice?

Answers

My decision is influenced by the potential costs and advantages of each job route because the amount of money I will make depends on how much I can spend.

What is a job?

Numerous things can be categorised as jobs. a paid position that might be either full- or part-time. a task that has been finished, usually for a specified fee. a specific task that employees carry out as part of their regular job responsibilities a pledge or commitment. like a project, "The airport job took twelve months to complete." It can also be used colloquially to refer to a person's pet using the restroom. As an illustration, to indicate that my dog went to the potty, I might say, "I waited for my dog Tommy to do his business, then we walked home." When someone says, "There has been a surge of bank jobs in suburbs," they can be referring to routine tasks that people carry out to obtain money, such as bank robberies.

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What is the main challenge of career planning in changing times?
A.You must make a plan good enough to need no changes,
B.You need to revise your plans often.
C.Rapid change makes it easier to find information
D.Your goals become unimportant to your plan.

Answers

The answer is option B. The main challenge of career planning in changing times is that you need to revise your plans often.

The world we live in is dynamic. New inventions, new technology, new methods of doing things always come up with time.

Because of this, when making a career plan, one must be fully aware that the process is not static. That is, changes would occur and as such, you have to revise your plans often so that it is in line with what is obtainable at the time.

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How can a user see the properties attached to a field in a database?
O Use the Design view, and click the data type.
O Use the Design view, and click the field name.
O Use the Datasheet view, and click the data type.
O Use the Datasheet view, and click the field name.

Answers

Answer: use the design view, and click the field name

Explanation:

Answer:

B

Explanation:

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