Assume you are part of a married couple with no children. You had a combined TAXABLE income
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Question:
Assume you are part of a married couple with no children. You had a combined TAXABLE income of $100,000 in 2017, and you file jointly. (Taxable income means that you have already accounted for any exemptions and deductions.) Assuming that you are not eligible for any tax credits, what would be your 2017 tax liability. (Optional: Consider what your liability would be in 2018 under the new tax brackets.
How much less (or more) would you pay in taxes on the same taxable income?)
Related Book For
Auditing a business risk appraoch
ISBN: 978-0324375589
6th Edition
Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston
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