Question
The tax rates are as shown below: Taxable Income Tax Rate $0 50,000 1 5% 50,001 75,000 25% 75,001 100,000 34% 100,001 335,000 39% The
The tax rates are as shown below:
Taxable Income Tax Rate
$0 50,000 1 5%
50,001 75,000 25%
75,001 100,000 34%
100,001 335,000 39%
The taxable income is $81,600. How much additional tax will you owe if you increase your taxable income by $22,800? $7,972
$7,752
$8,892
$7,582
$7,592
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Finance Directors Handbook
Authors: Glynis D Morris, Sonia McKay, Andrea Oates
5th Edition
1566768691, 978-1566768696
