much tax will i pay
the tax would be more for persons with higher taxable incomes when phased in it will be 2 5 percent of household income that exceeds the income threshold for filing a tax return for 2011 those thresholds were $ 9500 for a single person under age 65 and $ 19000 for a married person filing jointly with a spousetarting in 2017 the minimum tax per person will rise each year with inflation and for children 18 and under the minimum per person tax is half of that for adults however the minimum amount per family is capped at triple the per person tax no matter how many individuals are in the taxpayer s household