Rosa is in the 25% tax bracket and How much will her tax bill be reduced if she makes a $600 contribution to charity?

Question

asked Feb 4, 2024 149k views

1 Answer

Roksana · Answer 1 · 2024-02-08T20:09:15+0000

Answer:

Her contribution to charity reduces her taxable income by $600, Thus, her tax liability will be reduced by 28% of $ 600, and she comes under 28%

Explanation: