How tax bracket is calculated for family incom

[b1fara65]

how tax bracket calculated for considering family income.

I have employed income for $55000 which tax already deducted by employer. tax bracket for my income is %17. my wife is self employed income with income of 150000 with tax bracket for example %25. our household income will be around $200000. Is this mean when tax calculated at the end of the year we will pay more taxes based on 200k tax bracket. please clarify this for me.

regards,

****

mike

[Leeanne-TurboTax · Accepted solution]

Good afternoon,

Thank you for your question.  View the tax brackets and income levels by clicking on the line provided.

Tax brackets and income levels

https://turbotax.community.intuit.ca/questions/1189953-about-the-family-tax-cut

The above link provides an informative video on the family tax cut.

Leeanne@TurboTax