Question
Carlos has $199,000 in taxable income this year. Tax Bottom of Top of Tax Liability Bracket Bracket Bracket for Bracket 9% $0 $11,100 $999
Carlos has $199,000 in taxable income this year. Tax Bottom of Top of Tax Liability Bracket Bracket Bracket for Bracket 9% $0 $11,100 $999 14% $11,100 $46,100 $4,900 19% $46,100 $116,100 $13,300 24% $116,100 $216,100 $24,000 31% $216,100 $416,100 $62,000 36% $416,100 Calculate their total tax liability for this year.
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
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