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https://taxfoundation.org/2017-tax-brackets https://taxfoundation.org/2017-tax-brackets table 2. To get to $7500 in tax you need to have (7500-1865)/.15 + 1865
by bzbarsky 9y ago
https://taxfoundation.org/2017-tax-brackets https://taxfoundation.org/2017-tax-brackets table 2. To get to $7500 in tax you need to have (7500-1865)/.15 + 18650 = ~$56,000 of taxable income.
For married filing jointly, standard deduction (same page, table 4) is $12,700. Two personal exemptions (same page, same table) is $8,100. So the total is about $76,800.
- seanmcdirmid 9y agoOk, I was using a simple tax calculator, I thought it already accounted for standard and personal deductions, but I guess not.