COLOR THEME
Q ZOOM
Janie's taxable income is $82,500 per year and she is married. If she puts...
![Mathematics](/tpl/images/cats/mat.png)
Mathematics, 11.11.2020 18:10, gabev420
COLOR THEME
Q ZOOM
Janie's taxable income is $82,500 per year and she is married. If she puts $4,500 in her 401(k) plan how much
1. will she save in income taxes if her Married Tax Bracket (MTB) is 25%?
Unmanned - Single naviduals at Schedule X3015)
Taxable income is over
But not over
so
of the amount over
The tax is:
S0 + 10%
$9.275
$o
37650
927 50 - 154
9,275
91150
5.183.75 +2546
37 650
190 150
18.55875299
91150
9,275
37.650
91,150
190,150
413,350
415.050
413 350
46.278175-339
190 150
415.050
119.9345-35
41335
120.529 75-39.54
415 050
Taxable income is over
But not over
The tax is
Of the amount over
$16.550
SO - 10
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