Question
If a taxpayer has $2,200 worth of credits and tax bracket of 22%, $10,000 worth of deduction equivalent (2200/22%). Can someone explain in detail on
If a taxpayer has $2,200 worth of credits and tax bracket of 22%, $10,000 worth of deduction equivalent (2200/22%).
Can someone explain in detail on what is going on?
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Accounting What the Numbers Mean
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,
9th Edition
978-0-07-76261, 0-07-762611-7, 9780078025297, 978-0073527062
