If morgan has $29,050 in taxable income, her tax liability will be

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asked May 8, 2018 49.3k views

1 Answer

Martin Stannard · Answer 1 · 2018-05-13T14:25:01+0000

In this case, Morgan is suspected to two tax brackets.

The calculation would be:

[$ 7,150 x 10% + (29,050 - 7,150) x 15%]

= $ 715 + $ 3285

= $ 4000

If morgan has $29,050 in taxable income, her tax liability will be

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