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You tax rate is 15% and you have $350 of deductible expenses. You expect your income will increase in the next tax year but also
You tax rate is 15% and you have $350 of deductible expenses. You expect your income will increase in the next tax year but also that you will still be in the same tax bracket while your deductible expenses will double. What would be your tax savings in deductibles next year?
$52.50 |
$105 |
$0 |
$210 |
$26.25 |
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