Kidtyr5994 Kidtyr5994
  • 30-11-2017
  • Business
contestada

If morgan has $29,050 in taxable income, her tax liability will be

Respuesta :

andriansp andriansp
  • 13-12-2017
In this case, Morgan is suspected to two tax brackets.

The calculation would be:

[$ 7,150 x 10%  + (29,050 - 7,150) x 15%]


= $ 715 + $ 3285

= $ 4000
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