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Jody is single and had a taxable income of 148,000 last year. Using the following tax table calculate her federal income tax liability: Tax Rate
Jody is single and had a taxable income of 148,000 last year. Using the following tax table calculate her federal income tax liability:
| Tax Rate | Income Bracket (Single) |
| 10% | $0-$10,275 |
| 12% | $10,276-$41,775 |
| 22% | $41,776-$89,075 |
| 24% | $89,076-$170,050 |
| 32% | $170,051-$215,950 |
| 35% | $215,951-$539,900 |
| 37% | $539,901 or more |
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Financial Management For Public Health And Not For Profit Organizations
Authors: Steven A. Finkler
1st Edition
0130176141, 9780130176141
