Question
In the year 2016, Ethan was single and had a total income of $57,000. He took a deduction of $8,000 and had a tax credit
In the year 2016, Ethan was single and had a total income of $57,000. He took a deduction of $8,000 and had a tax credit of $1,500. Calculate the tax owed by Ethan. (Refer to the 2016 Tax Table for Singles for tax rates.)
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Entrepreneurial Finance And Accounting For High-Tech Companies
Authors: Frank J Fabozzi
1st Edition
0262336901, 9780262336901
