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3. SINGLE TAX RATES SCHEDULE FOR 2020 TAX SEASON IS GIVEN AS FOLLOWS: if Taxable income is over $ 0 $9875 $40,125 Required: The Taxis:
3. SINGLE TAX RATES SCHEDULE FOR 2020 TAX SEASON IS GIVEN AS FOLLOWS: if Taxable income is over $ 0 $9875 $40,125 Required: The Taxis: 10% of taxable But not over $ 9,875 $ 40,125 $85,525 $4,617.50+ 22% of excess of $40,125. $987.50+ 12 % of excess of $9,875 Compute the Tax Liability for Rose who had adjusted gross income of $75,000 in 2021
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