15 Clara Corporation has taxable income of $18,300 Calculate its total tax liability and average tax rate Income Bracket Marginal Tax Rate $ he 8,000 00 15 00 $ 8,001 00 $ $ 18,000 00 Higher 30 00 $ 18,001 00 or 45 00 Additional Surtax 15 on income between $ 15,000 00 and $ 18,500 00 15 Clara Corp...

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Income Tax Fundamentals 2020

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Posted Date: May 19, 2022 12:43 AM

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