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The tax rates are as shown. Your firm currently has taxable income of 78,400. How much additional tax will you owe if you increase your
The tax rates are as shown. Your firm currently has taxable income of 78,400. How much additional tax will you owe if you increase your taxable income by 22,000? Taxable Income Tax Rate 0-50,000 50,001 . 75,000 | 25% 75,001-100,000 | 34% 100,001-335,000 | 39% 15% $7,500.00 $8,560.00 $8,580.00 $7,188.00
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