To determine which of the given incomes falls into the [tex]$25\%$[/tex] federal income tax bracket for a married couple filing jointly, we need to refer to the tax table provided.
The [tex]$25\%$[/tex] tax bracket for married filing jointly is applicable for taxable incomes that are over [tex]$67,900 but not over $[/tex]137,050.
Let's verify each of the given options against this range:
A. \[tex]$67,900: This amount is exactly the lower boundary of the $[/tex]25\%[tex]$ tax bracket. However, for the $[/tex]25\%[tex]$ tax bracket, income must be over \$[/tex]67,900. Therefore, \[tex]$67,900 does not fall into the $[/tex]25\%[tex]$ tax bracket.
B. \$[/tex]208,850: This amount is higher than the upper boundary of the [tex]$25\%$[/tex] tax bracket, which is \[tex]$137,050. Instead, \$[/tex]208,850 falls into the [tex]$28\%$[/tex] tax bracket (over \[tex]$137,050 but not over \$[/tex]372,950). Therefore, \[tex]$208,850 does not apply.
C. \$[/tex]372,950: This amount exceeds the range of the [tex]$25\%$[/tex] tax bracket and even the [tex]$28\%$[/tex] tax bracket. Instead, \[tex]$372,950 falls into the $[/tex]33\%[tex]$ tax bracket (over \$[/tex]208,850 but not over \[tex]$372,950). Therefore, \$[/tex]372,950 does not apply.
D. \[tex]$137,050: This amount is exactly the upper boundary of the $[/tex]25\%[tex]$ tax bracket. According to the tax table, the $[/tex]25\%[tex]$ bracket is for incomes over \$[/tex]67,900 but not over \[tex]$137,050, meaning \$[/tex]137,050 is included in this bracket.
After evaluating all options against the given tax table, the possible taxable income for a married couple filing jointly that falls in the [tex]$25 \%$[/tex] federal income tax bracket is:
D. \$137,050.
