Question
Bart is single, not self-employed and earns a real salary of $69,577. He works in NY and takes a standard deduction. Bart contributes 10% of
Bart is single, not self-employed and earns a real salary of $69,577. He works in NY and takes a standard deduction. Bart contributes 10% of his salary to a 403(b) plan and pays $5,000/yr for health insurance through his employer. Calculate Bart's effective tax rate, correct to the nearest hundredth of a percent.?
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Contemporary Management
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