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Author Question: Use the 2010 federal income tax brackets and rates listed below to answer the following ... (Read 113 times)

Pea0909berry

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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
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Marked as best answer by Pea0909berry on Jun 7, 2019

djofnc

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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.
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Pea0909berry

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Reply #2 on: Jun 7, 2019
Excellent


djofnc

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Reply #3 on: Jun 7, 2019
Great! Please up vote :D


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