Question
Martin, a single taxpayer, earns $96,000 per year in taxable income and an additional $14,000 per year in city of LasCrucesbonds (tax exempt), if Martin
Martin, a single taxpayer, earns $96,000 per year in taxable income and an additional $14,000 per year in city of LasCrucesbonds (tax exempt), if Martin earns an additional $80,000 in taxable income in year 2022, what is his marginal tax rate (rounded 2 decimal places xx.xx) on this additional income?
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Financial Accounting An Introduction
Authors: Pauline Weetman
7th Edition
1292086696, 978-1292086699
