Question: Help is needed on the second portion (b), please. 1) Anthony and Susan are married filing jointly. Their combined income is currently $168,500. Both have
Help is needed on the second portion (b), please.
1) Anthony and Susan are married filing jointly. Their combined income is currently $168,500. Both have received raises totaling $18,500.
a) If the cut-off between the 22% and 24% tax bracket is $172,750, how much more will they pay in taxes?
b) What is the net total of the raise (after taxes)?
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