This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Use the 2010 federal income tax brackets and rates listed below to answer the following ... (Read 126 times)

Pea0909berry

  • Hero Member
  • *****
  • Posts: 573
on: Jun 7, 2019
Use the 2010 federal income tax brackets and rates listed below to answer the following question.

Taxable Income
(income tax brackets)Tax rates
$40 970 or less5% of taxable income less than or equal to $40 970; plus
$40 970 to $81 9422% of taxable income greater than $40 970 and less than or equal to $91
941;
plus
$81 941 to $127 02126% of taxable income greater than $81 941 and less than or equal to $127
021;
plus
Over $127 02129% of taxable income greater than $127 021

a) Dana had a taxable income of $39 500 in 2010. How much federal income tax should she report? (assuming tax rates remain the same)
b) Dana expects her taxable income to increase by 15% in 2011. How much federal tax would she expect to pay in 2011(assuming tax rates remain the same).
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Pea0909berry on Jun 7, 2019

djofnc

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 7, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 32% of students answer this correctly


Pea0909berry

  • Hero Member
  • *****
  • Posts: 573
Reply #2 on: Jun 7, 2019
Excellent


djofnc

  • Sr. Member
  • ****
  • Posts: 318
Reply #3 on: Jun 7, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Time dependence of the rates of a chemical reaction Time dependence of the rates of a chemical reaction
U.S. Unemployment Rates for Emerging Adults (Ages 16-24) U.S. Unemployment Rates for Emerging Adults (Ages 16-24)
How the Return to Education Affects the Distribution of Income How the Return to Education Affects the Distribution of Income
Average Annual Growth Rates of Population by Country Group Average Annual Growth Rates of Population by Country Group
World Population, 10,000 B.C. to A.D. 2010 World Population, 10,000 B.C. to A.D. 2010
Answer Answer
Video: Mendel's Principles of Inheritance (Father of Genetics)

For a complete list of videos, visit our video library