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Use the information provided below to determine the amount of federal tax payable for Earl, who has taxable income of $48,000. Non-refundable tax credits
Use the information provided below to determine the amount of federal tax payable for Earl, who has taxable income of $48,000. Non-refundable tax credits are not applicable. Click the icon to view the federal personal marginal income tax brackets and rates. Federal Personal Marginal Income Tax Brackets and Rates OA. $10,560 OB. $7.483 OC. $10,277 COD. $7,200 Federal Personal Marginal Income Tax Brackets and Rates Taxable Income First $43,953 Over $43,953 up to $87,907 Tax Rate 15% 22% Over $87,907 up to $136,270 26% Over $ 136,270 29% Print Done -
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