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spin [16.1K]
3 years ago
10

You and spouse are filing a joint return. Your current deductions have reduced your taxable income to​ $88,990, bringing you int

o the 25 percent tax bracket. The first dollars you earned will be taxed at the​ ________ tax bracket.
Business
2 answers:
Strike441 [17]3 years ago
5 0

Answer:

10%

Explanation:

The current tax brackets (2019 taxes due April 2020) for married filing together are:

Tax rate  Married filing jointly

10%          $0 – $19,400

12%          $19,401 – $78,950

22%          $78,951 – $168,400

24%          $168,401 – $321,450

It doesn't matter if your income is $500 million, $100,000 or $20,000, the first dollars that you earn always fall into the first bracket (10%). Tax brackets are progressive, this means that they increase as your income increases, but everyone starts in the first one.

almond37 [142]3 years ago
3 0

Answer: Deductions

Explanation:

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If Samatha finances the entire cost of a $700 bike at an APR of 2.95%, how much will she end up paying in total for the bike aft
12345 [234]

Based on the interest rate, the cost of the bike, and the period of payment, Samatha will pay $721.71.

<h3>What will Samatha pay?</h3>

Samatha will pay a certain amount monthly. That amount can be found as:

Loan amount = Amount x ( 1 - ( 1 + rate) ^-number of periods) / rate

Solving gives:

700 = Amount x ( 1 - (1 + 2.95%/12) ⁻²⁴ / 2.95%/12 months)

Amount = 700 /  ( 1 - (1 + 2.95%/12) ⁻²⁴ / 2.95%12 months)

= $30.07

Total amount paid by Samatha:

= 30.07 x 24 months

= $721.71

Find out more on loan payments at brainly.com/question/26011426.

4 0
2 years ago
A store will give you a 2.25% discount on the cost of your purchase if you pay cash today. Otherwise, you will be billed the ful
OleMash [197]

The implicit borrowing rate is 31.4%.
Given that if payment was made in cash today, the store would reduce the cost of the product by 2.5 percent. This implies that the price you must pay at that time is $195.5, for instance, if the cost of the things is perhaps $200.
If the price is still $200, you will have to pay $200 at the end of the month. A difference of $200 - $195.5 = $3.5 if we compare at the end of the month versus if you pay immediately.This results in an increase of (3.5/196) x 100% = 1.79 %. An increase to bring the price back to $200.
Considering that a year has 12 months, the implicit borrowing rate at the conclusion of that year will be;

([(200/195.5)(12)] - 1) at 100% equals 31.4%.

To learn more about the Implicit Borrowing rate please visit -
brainly.com/question/18596505
#SPJ4

5 0
2 years ago
Work and/or assignments performed in a career are _____.
Misha Larkins [42]

Answer:

b. task

Explanation:

7 0
3 years ago
Dean is taking a personal assessment and notices that many of his interests involve the reading and creation of language arts an
leva [86]

Answer:

b. Art and Performance

Explanation:

Performance art features a  presentation to an audience or to onlookers and includes arts such as, poetry, music, acting, dance, and painting. In performance art,  artists use their bodies as the medium to perform an action. Often, the artwork revolves around an individual artist but can be collaborative.

Art and performance created by an artist may be presented live or a recording.  The artwork can be spontaneous or scripted like what Dean does with language and poetry.

4 0
3 years ago
Read 2 more answers
Classify the following activities in providing medical services at Healthsmart Clinic.
Lunna [17]

Answer:

The following Classification of activities for medical services at health smart clinic is categorized below

Explanation:

Solution

Given that:

The following activities for providing medical services at health smart Clinic is stated below:

     Activity               Control level     Activity Driver

A. Patient registering - Unit level - Number of patients

B. Cleaning beds - Unit level - bed, patients, labor hours

C. Stocking examination rooms - Facility Level - Number of rooms

D. Washing linens - Batch level - Loads

E. Ordering medical equipment - Facility Level - Cost of equipment, Number of suppliers

F. Heating the clinic - Facility Level - Degree days, space

G. Providing security services - Facility level - No. of days , area covered

H. Filing prescriptions - Batch level - No. of prescriptions

4 0
3 years ago
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