How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Lev Your Own Question
Lev, Tax Advisor
Category: Tax
Satisfied Customers: 28081
Experience:  Taxes, Immigration, Labor Relations
Type Your Tax Question Here...
Lev is online now
A new question is answered every 9 seconds

How much income tax should be owed on $95000, earned by a married

Customer Question

How much income tax should be owed on $95000, earned by a married couple in Colorado?
Submitted: 6 years ago.
Category: Tax
Expert:  Lev replied 6 years ago.

Assuming all income from wages, you file a joint tax return, use standard deduction, do not have any dependents, do not have other deduction and credits - your estimated income tax liability for 2009 would be $11,450.

You might be eligible for Making work pay credit - $800

If your tax liability is less than your withholding - you would be able to claim a refund.

If you itemize deduction - your tax liability might be less.


Let me know if you need any help.