Sally was able to negotiate a deferral in her $8,000 bonus from December to the beginning of
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Sally was able to negotiate a deferral in her $8,000 bonus from December to the beginning of January. Compute the benefit of receiving the bonus in January, assuming that she is in a 30 percent marginal tax bracket and could earn 6 percent after tax per year and that the bonus would remain for 30 years until retirement?
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Yearly Tax Deferral Yearly Bonus Marginal Tax Bracket 8000 30 2400 ...View the full answer
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