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status may 2012, ADULTS gross pay increased from 367,00 per year to $89,000 per year. Answer parts (a) and (b). Taxable income (Income tax brackets)
status may 2012, ADULTS gross pay increased from 367,00 per year to $89,000 per year. Answer parts (a) and (b). Taxable income (Income tax brackets) Tax Rates $44,701 or less 15% of taxable income less than or equal to $44,701, plus Over $44,701 up to $89,401 122% of taxable income greater than $44,701 and less than or equal to $89 Over $89,401 up to $138,586 26% of taxable income greater than $89,401 and less than or equal to 513 Over $138,586 29% of taxable income greater than $138,586 tus ed (a) What was the annual percent increase in Abdullah's pay before federal income taxes? 32.84 % sions (Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed) (b) What was the annual percent increase in Abdullah's pay after federal income taxes were deducted? comme (Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed)
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