Jeffrey was awarded an end-of-year bonus of $3,000. His employer offered him the option of taking the money this year or after January 1. This year Jefferey is in the 24 percent marginal tax bracket, but next year Jeffrey expects to be in the 22 percent marginal tax bracket. Therefore, the estimated income tax liability on this $3,000 bonus would be Question 5 Answer a. $720 this year and $660 next year. b. $1,080 this year and $660 next year. c. $360 this year and $330 next year. d. $300 this year and $250 next year