Business, 11.06.2020 20:57 jandrew3168
Felix and Freddie are married with annual taxable income of $230,000. They pay income tax according to the following schedule: OverBut Not OverTax Rate $0$43,85015% $43,850$105,950??? $105,950$361,45031% If the total personal income tax they pay is $58,074, which of the following comes closest to the tax rate for income between $43,850 and 105,950 (the middle tax rate)?
a. 21%
b. 24%
c. 25%
d. 225
e. 23%
Answers: 1
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Felix and Freddie are married with annual taxable income of $230,000. They pay income tax according...
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