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- 9,525 10.00% 9,525 38,700 12.00% 38,700 82,500 22.00% 82,500 157,500 24.00% 157,500 200,000 32.00% 200,000 500,000 35.00% 500,000 37.00% The total dollar amount of
| - | 9,525 | 10.00% |
| 9,525 | 38,700 | 12.00% |
| 38,700 | 82,500 | 22.00% |
| 82,500 | 157,500 | 24.00% |
| 157,500 | 200,000 | 32.00% |
| 200,000 | 500,000 | 35.00% |
| 500,000 | 37.00% |
The total dollar amount of federal income taxes paid by a sole proprietor with taxable income of $50,000 under the 2018 tax schedule as shown above is:
| a. | $12,500 | |
| b. | $5,000 | |
| c. | $6,940 | |
| d. | $7,520 |
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Applied Equity Analysis and Portfolio Management Tools to Analyze and Manage Your Stock Portfolio
Authors: Robert A.Weigand
1st edition
978-111863091, 1118630912, 978-1118630914
