Answer :
To determine the possible taxable income for a married couple filing jointly in the 33% federal income tax bracket, we need to identify the range of incomes that fall within this bracket according to the provided table.
### Step 1: Identify the Income Range for the 33% Bracket
The table indicates that the 33% tax bracket for married couples filing jointly covers taxable incomes:
- Over [tex]$208,850 - But not over $[/tex]372,950
So, the income range is [tex]$208,850 to $[/tex]372,950.
### Step 2: Identify a Possible Taxable Income Within This Range
Any taxable income within the range of [tex]$208,850 and $[/tex]372,950 would qualify for the 33% tax bracket. To provide a specific example, let's determine an income that falls exactly in the middle of this range for clarity.
### Step 3: Calculate the Midpoint of the Income Range
The midpoint between [tex]$208,850 and $[/tex]372,950 can be calculated as follows:
[tex]\[ \text{Midpoint} = \frac{208,850 + 372,950}{2} \][/tex]
By calculating this, we get:
[tex]\[ \text{Midpoint} = \frac{581,800}{2} = 290,900 \][/tex]
### Step 4: Provide the Possible Taxable Income
Thus, a possible taxable income for a married couple filing jointly in the 33% federal income tax bracket could be:
- [tex]$290,900 (the midpoint of the range) ### Summary Therefore, based on the table provided, the possible taxable income for a married couple filing jointly in the 33% federal income tax bracket could range from $[/tex]208,850 to [tex]$372,950, with a specific example being $[/tex]290,900.
### Step 1: Identify the Income Range for the 33% Bracket
The table indicates that the 33% tax bracket for married couples filing jointly covers taxable incomes:
- Over [tex]$208,850 - But not over $[/tex]372,950
So, the income range is [tex]$208,850 to $[/tex]372,950.
### Step 2: Identify a Possible Taxable Income Within This Range
Any taxable income within the range of [tex]$208,850 and $[/tex]372,950 would qualify for the 33% tax bracket. To provide a specific example, let's determine an income that falls exactly in the middle of this range for clarity.
### Step 3: Calculate the Midpoint of the Income Range
The midpoint between [tex]$208,850 and $[/tex]372,950 can be calculated as follows:
[tex]\[ \text{Midpoint} = \frac{208,850 + 372,950}{2} \][/tex]
By calculating this, we get:
[tex]\[ \text{Midpoint} = \frac{581,800}{2} = 290,900 \][/tex]
### Step 4: Provide the Possible Taxable Income
Thus, a possible taxable income for a married couple filing jointly in the 33% federal income tax bracket could be:
- [tex]$290,900 (the midpoint of the range) ### Summary Therefore, based on the table provided, the possible taxable income for a married couple filing jointly in the 33% federal income tax bracket could range from $[/tex]208,850 to [tex]$372,950, with a specific example being $[/tex]290,900.