Jorge and Anita, married taxpayers, earn $ 1 5 0 , 5 0 0 in taxable income
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Question:
Jorge and Anita, married taxpayers, earn $ in taxable income and $ in interest from an investment in City of Heflin bonds. Use the US tax rate schedule for married filing jointly
Required:
If Jorge and Anita earn an additional $ of taxable income, what is their marginal tax rate on this income?
What is their marginal rate if instead, they report an additional $ in deductions?
Related Book For
Taxation Of Individuals And Business Entities 2015
ISBN: 9780077862367
6th Edition
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
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