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Jackson has the choice to invest in city of Mitchell bonds or Sundial, Incorporated corporate bonds that pay 6.4 percent interest. Jackson is a single
Jackson has the choice to invest in city of Mitchell bonds or Sundial, Incorporated corporate bonds that pay 6.4 percent interest. Jackson is a single taxpayer who earns $57,500 annually. Assume that the city of Mitchell bonds and the Sundial, Incorporated bonds have similar risk. What interest rate would the city of Mitchell have to pay in order to make Jackson indifferent between investing in the city of Mitchell and the Sundial, Incorporated bonds for 2021? (Use tax rate schedule.) Multiple Choice 4.99 percent 6.40 percent o 5.19 percent 4.39 percent o None of the choices are correct. Jamison's gross tax liability is $8,950. Jamison had $2,410 of available credits and he had $5,450 of taxes withheld by his employer. What are Jamison's taxes due (or taxes refunded) with his tax return? Multiple Choice $6,540 taxes due $1,090 taxes due $1,090 tax refund $3,500 taxes due 2021 Tax Rate Schedules Individuals Schedule X-Single If taxable income is over: But not over: The tax is: S 0 $ 9,950 10% of taxable income $9.950 $ 40,525 $995 plus 12% of the excess over $9.950 $ 40.525 $ 86,375 $4,664 plus 22% of the excess over $40.525 $ 86,375 $164.925 $14,751 plus 24% of the excess over $86,375 $164.925 $ 209 425 $33,603 plus 32% of the excess over $164,925 $ 209,425 $ 523,600 $47,843 plus 35% of the excess over $209,425 $ 523,600 $157,804.25 plus 37% of the excess over $523,600 Schedule Y-1-Married Filing Jointly or Qualifying Widow(er) If taxable income is over: But not over: The tax is: S 0 $ 19.900 10% of taxable income $ 19.900 $ 81,050 $1.990 plus 12% of the excess over $19.900 $ 81,050 $ 172,750 $9,328 plus 22% of the excess over $81,050 $ 172,750 $ 329,850 $29,502 plus 24% of the excess over $172,750 $ 329,850 $ 418,850 $67,206 plus 32% of the excess over $329,850 $ 418,850 $ 628,300 $95,686 plus 35% of the excess over $418,850 $ 628,300 $168,993.50 plus 37% of the excess over $628,300 Schedule Z-Head of Household If taxable income is over: But not over: The tax is: S 0 $ 14,200 10% of taxable income $ 14,200 $ 54,200 $1.420 plus 12% of the excess over $14.200 $ 54,200 $ 86,350 $6,220 plus 22% of the excess over $54.200 $ 86,350 S 164,900 $13,293 plus 24% of the excess over $86,350 $164.900 $ 209,400 $32,145 plus 32% of the excess over $164,900 $ 209,400 $ 523,600 $46,385 plus 35% of the excess over $209.400 $ 523,600 $156,355 plus 37% of the excess over $523,600 Schedule Y-2-Married Filing Separately If taxable income is over: But not over: The tax is: S 0 $ 9,950 10% of taxable income $9.950 $ 40,525 $995 plus 12% of the excess over $9.950 $ 40 25 $ 86,375 $4,664 plus 22% of the excess over $40.525 $ 86,375 $164.925 $14,751 plus 24% of the excess over $86,375 $164.925 $ 209,425 $33,603 plus 32% of the excess over $164.925 $ 209,425 $ 314,150 $47,843 plus 35% of the excess over $209,425 $314,150 $84.496.75 plus 37% of the excess over $314,150 hiplerincf-media mecacation.com/Media Connect_Prochacten becoming piker_13stusrakechakul2te.lt
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