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income tax rate is 24%. How much estimated tax (in $) must Marc send to the IRS each quarter Marc Batchelor, a self-employed sales consultant,
income tax rate is 24%. How much estimated tax (in \$) must Marc send to the IRS each quarter Marc Batchelor, a self-employed sales consultant, has estimated annual earnings of $301,000 this year. His social security tax rate is 12.4% up to the wage base, Medicare is 2.9%, and his federal income tax rate is 24%. How much estimated tax (in $) must Marc send to the IRS each quarter? Need Submit Answer
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Financial and Managerial Accounting
Authors: Horngren, Harrison, Oliver
3rd Edition
978-0132497992, 132913771, 132497972, 132497999, 9780132913775, 978-0132497978
