Question: Using the following table, calculate the taxes for an individual with taxable income of $39,800. 10% 12% 22% 24% Up to $9,875 $9,876-540, 125 $40,126-$85,525

Using the following table, calculate the taxes for an individual with

Using the following table, calculate the taxes for an individual with taxable income of $39,800. 10% 12% 22% 24% Up to $9,875 $9,876-540, 125 $40,126-$85,525 $85,526-$163,300 $163,301-$207,350 $207,351-$518,400 Over $518,401 324 35% 37% Multiple Choice $4,002.00 $4,578.50 $18.106.95

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

The following employees of CIBA Ironworks in Bristol, linols, are paid in different frequencies. Some employees have union dues or garnishments deducted from their pay. Required: Calculate their net...

Can someone please guide me through the last question titled Exercise 2 going for 2 where you have to use the AND OR and ABS formulas I can't wrap my head around doing it. MIS 204 - Lab 3 This lab...

20. Emily can claim an exemption on her 2018 tax return for not having healthcare coverage for 2 months of the year. a. True b. False 21. Emily qualifies for the American opportunity credit. a. True...

may someone help me this please! I will put the thumb up 2020 State of Nebraska Payroll Project Bugeater's Corporation Federal EIN: 47-9876543 Nebraska ID: 20-658790 Nebraska Unemployment Account...

i really need help, please help me,I need get them done before 9:00pm tonight.I will thumb up. Thank you so much 2020 State of Nebraska Payroll Project Bugeater's Corporation Federal EIN: 47-9876543...

(jhgsdfterfhfwoe;fh;weifweij'rpewio;flksd'a[foewlfklskfj'as;kfhkeej'afljdfg;hdsldakjs'dhe;waoejafldsmn.fjsdlkf'ldkj.) hello i need your help with this code following the one i just started with and...

i would like to help with this code in c++ and this part of it #include #include #include #include using namespace std; /// Declare global constants const char* IN_FILE_NAME = "stats.txt"; const...

hello i really do need your help with this code as c++ langauge don't use c or java just c++. i want to just finish what i stared which is the main.cpp i don't want you to buld somthing new i just...

1. Calculate the cost of each capital component, after-tax cost of debt, cost of preferred, and cost of equity with the DCF method and CAPM method. 2. What do you estimate the company?s WACC? Please...

i need help with this code C++ and this is the stats.txt 98.4 15.9 6.5 21.3 27.9 54.7 11.1 93.8 22.8 59.1 29.5 68.5 45.9 86.0 94.7 99.2 60.8 46.1 77.7 4.2 71.0 14.0 79.1 29.4 63.3 82.1 72.0 3.0 38.2...

Farmer Fran can grow soybeans and corn. She can grow 50 bushels of soybeans or 100 bushels of corn on an acre of her land for the same cost. The price of soybeans is $1.50 per bushel and the price of...

The file FastFood contains the amount that a sample of 15 customers spent for lunch ($) at a fast- food restaurant: a. Construct a 95% confidence interval estimate for the population mean amount...

Find the points a t which the following polar curve has a horizontal o r a vertical tangent line. r = 5 + 5 s i n Find d y d x a s a function o f . d y d x = c o s + s i n ( 2 ) - s i n + c o s ( 2 )...

Myriad Solutions, Inc., issued 10% bonds, dated January 1, with a face amount of $320 million on January 1, 2011 for $283,294,720. The bonds mature in 2021 (10 years). For bonds of similar risk and...

Irish Imports is an importer of silver, brass, and furniture items from Ireland. Kathleen OShea is the general manager of Irish Imports. OShea employs two other people in the business. Molly...

Find the range space and rank of each map. (a) h: R2 P3 given by (b) h: M2Ã2 R given by (c) h: M2Ã2 P2 given by (d) The zero map Z: R3 R4. a b 2 a b c d a +b+c dx2

The Bradford Company issued 10% bonds, dated January 1, with a face amount of $80 million on January 1, 2018. The bonds mature on December 31, 2027 (10 years). For bonds of similar risk and maturity,...

Refer to Practice 164. Assume that the income tax rate is 35% for the current year but that the enacted tax rate for all future years is 42%. Prepare the journal entry or entries necessary to record...

Question 19 a Which of the following will lead to a LOWER order quantity decision in the Newsvendor model? The cost c gets higher. The salvage value s gets higher. The demand standard deviation gets...

2. See things from the other persons perspective (1 is oriented towards an inner source of inspiration, while 2 is oriented towards an outer source of motivation). d. Reflection style: When I really...

2. What do the others in the network want to achieve?

1. What do I want to achieve?