lilguppie4442 lilguppie4442
  • 21-06-2018
  • Business
contestada

If jack was in a 25% tax bracket and received a $1,000 tax deduction, by how much would his taxes be reduced?

Respuesta :

ahmedishaal ahmedishaal
  • 03-07-2018

The answer is that the taxes would be reduced by the following procedure;

(Tax deduction) * (Tax rate) = Your Answer

Applying this formula;

$1000 x 25%  = (?)

$1000 x 25/100 = $250  

So the answer is that his taxes would be reduced by “$250”.  

Hope that is helpful :)
Answer Link

Otras preguntas

What's the answer to these passages​
Mutational signatures of p53 are shown in the figure (G.P. Pfeifer et al., Nature, 21(48), 2002) for the three types of cancer with the highest death rates in t
Calculate the approximate degree measure of the angle, given the following expression: tan(y°) = 4.12 Round your answer to the nearest tenth.​
Solve the equation for x
Describe one path carbon can take through the environment (through the systems and bodies of living things and back in our land, oceans, and atmosphere). Be sur
which animal lives in the grasslands
0 Which statements are written in scientific notation? Choose all that apply. 05 x 10³ 0.2 x 10-4 03x 10² 01 x 10¹0 11 x 10¹2 -- -- O Search a O O 2
Part I: The Final Draft Include the final draft of your narrative below. Use this checklist to be sure you have included all required elements: a narrative that
Determine the period. X is 10 Y is 1
How should I solve this problem? I need steps..