Using the tax rate schedule in Exhibit 4-6, determine the amount of taxes for the following taxable

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Using the tax rate schedule in Exhibit 4-6, determine the amount of taxes for the following taxable incomes:

1. Married filing jointly: Taxable income $50,000.

2. Married filing jointly: Taxable income $70,000.

3. Married filing jointly: Taxable income $95,000.

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Personal Finance

ISBN: 9781264101597

14th Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart

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