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Toms taxable health benefit is valued at $550. If Tom is in the 35% tax bracket what is Tom's after tax equivalent health benefit? $1,571.43
Toms taxable health benefit is valued at $550. If Tom is in the 35% tax bracket what is Tom's after tax equivalent health benefit?
$1,571.43
$357.50
$192.50
$846.15
None of the Above
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