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3 years ago

Marc, a single taxpayer, earns $60,000 in taxable income and $5,000 in

Business

1 answer:

lesya692 [45]3 years ago

4 0

Answer:

Federal tax = $10,856.25

Explanation:

Given:

Tax rate schedule for year 2014.

Income between $36,900 - $89,350

$5,081.25 + 25% over $36,900

Total income = $60,000

Computation:

So,Income between $36,900 - $89,350

Federal tax = $5,081.25 + 25% ($60,000 - $36,900)

Federal tax = $5,081.25 + 25% ($23,100)

Federal tax = $5,081.25 + 0.25 ($23,100)

Federal tax = $5,081.25 + $5,775

Federal tax = $10,856.25

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Strategic planning is the type of planning used by team of Star bank.

<h3>What is strategic planning?</h3>

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Therefore, Strategic planning is the type of planning used by team of Star bank.

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1 year ago

Alpha Co. is paying a $.64 per share dividend today. There are 158,000 shares outstanding with a par value of $1 per share. As a

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3 years ago

A stock with a current market price of $50 and a strike price of $45 has an associated put option priced at $3.50. This put has

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Answer:

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this gives,

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3 years ago

Vint and Gracie are married and will file a joint tax return. For 2020, their modified adjusted gross income was $110,000. Graci

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The amount that Vint and Gracie can claim for 2020 lifetime learning credit is <em>D. $600</em>.

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2 years ago

Companies should avoid answering complaints on product review sites, because they may appear incompetent.

blondinia [14]

False answering customer feedback can make the business seem more honest and appealing to consumers.

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3 years ago