Final answer:
Sonny and Cher Bono will owe $72,000 in taxes before any credits or deductions.
Step-by-step explanation:
To determine how much Sonny and Cher Bono will owe in taxes, we need to find their combined income and then use the tax bracket chart to calculate their tax liability. Sonny made $125,000 and Cher made $175,000, so their combined income is $300,000. Using the tax bracket chart, we can find the tax rate for their income range and then calculate their taxes.
According to the tax bracket chart, the tax rate for a combined income of $300,000 is 24%. To calculate their taxes owed, we multiply their income by the tax rate: $300,000 x 0.24 = $72,000.