During 2019, Addison, a single taxpayer, has the following gains and losses:
a.How much is Addison's tax liability if she has taxable income of $24,000 and is in the 12% tax bracket?
b.How much is her tax liability if her taxable income is $188,000 and her tax bracket is 32% (not 12%)?

Question

During 2019, Addison, a single taxpayer, has the following gains and losses:  
a.How much is Addison's tax liability if she has taxable income of $24,000 and is in the 12% tax bracket?
b.How much is her tax liability if her taxable income is $188,000 and her tax bracket is 32% (not 12%)?

Quizplus · Accepted Answer

The Answer of During 2019, Addison, a single taxpayer, has the following gains and losses:  
a.How much is Addison's tax liability if she has taxable income of $24,000 and is in the 12% tax bracket?
b.How much is her tax liability if her taxable income is $188,000 and her tax bracket is 32% (not 12%)?

During 2019, Addison, a Single Taxpayer, Has the Following Gains