Business, 20.06.2020 22:57, leeenaaa95

Marginal tax rates Partner A, a single taxpayer, is one of two partners in a small business. As such, she receives pass-through income that is taxed at her personal tax rates. After all adjustments and deductions have been made, including the 20% qualified business income deduction, she is preparing o calculate her axes owed or the year. Using the tax rate schedule grven here perform he ollowing: a. Find the marginal tax rate for the following levels of sole proprietorship earnings before taxes: $13,600; S60,000: $89,900; $150,000; $248,000; $454,000; and $1.4 million.
b. Plot the marginal tax rates (measured on the y-axis) against the pretax income levels (measured on the x-axis). Explain the relationship between these variables (Round to the nearest integer.)
a. The marginal tax rate for eamings before taxes of $13,600 is .
b. The total taxes due for earnings before taxes of $13,600 is $ . (Round to the nearest dollar.)
c. The marginal tax rate for eamings before taxes of $60,000 is Round to the nearest integer.)
d. The total taxes due for earnings before taxes of $60,000 is.
e. The marginal tax rate for earnings before taxes of $89,900 is
f. The total taxes due for earnings before taxes of $89,900 is $.
g. The marginal tax rate for earnings before taxes of $150,000 is.

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 01:30, sophie5064

How will firms solve the problem of an economic surplus a. decrease prices to the market equilibrium price b. decrease prices so they are below the market equilibrium price c. increase prices

Answers: 3

continue

Business, 22.06.2019 02:30, teresaduggan1433

On january 1, 2018, jay company acquired all the outstanding ownership shares of zee company. in assessing zee's acquisition-date fair values, jay concluded that the carrying value of zee's long-term debt (8-year remaining life) was less than its fair value by $21,600. at december 31, 2018, zee company's accounts show interest expense of $14,440 and long-term debt of $380,000. what amounts of interest expense and long-term debt should appear on the december 31, 2018, consolidated financial statements of jay and its subsidiary zee? long-term debt $401,600 $398,900 $401,600 $398,900 interest expense $17,140 $17,140 $11,740 $11,740 a. b. c. d.

Answers: 3

continue

Business, 22.06.2019 05:00, MaxxL

One question from a survey was "how many credit cards do you currently have? " the results of the survey are provided. complete parts (a) through (g) below. click the icon to view the survey results. (a) determine the mean number of credit cards based on the raw data. the mean is 3.113.11 credit cards. (type an integer or a decimal. do not round.) (b) determine the standard deviation number of credit cards based on the raw data. the standard deviation is 1.9111.911 credit cards. (round to three decimal places as needed.) (c) determine a probability distribution for the random variable, x, the number of credit cards issued to an individual. x (# of cards) p(x) x (# of cards) p(x) 1 0.280.28 6 nothing 2 nothing 7 nothing 3 nothing 8 nothing 4 nothing 9 nothing 5 nothing 10 nothing (type integers or decimals. do not round.)

Answers: 2

continue

Business, 22.06.2019 10:00, makennskyee1198

Carrie works at a canned food production factory. the government wanted to give a boost to the salt industry, so it lined up numerous subsidies and tax exemptions for the sector. this lead to a decrease in production costs. this also meant that consumers could access canned foods at a lower price, which lead to an increase in demand for the product. which kind of economic system is carrie’s company dealing with? carrie’s company is dealing with a/an economy.

Answers: 2

continue

Do you know the correct answer?

Marginal tax rates Partner A, a single taxpayer, is one of two partners in a small business. As such...