Solved

A Prince Edward Island Resident Earned $20,000 in Interest Income  Combined marginal tax rates for individuals in top provincial tax bracket \textbf{ Combined marginal tax rates for individuals in top provincial tax bracket }

Question 45

Multiple Choice

A Prince Edward Island resident earned $20,000 in interest income and $10,000 in capital gains. Calculate the total tax paid.  Combined marginal tax rates for individuals in top provincial tax bracket \textbf{ Combined marginal tax rates for individuals in top provincial tax bracket }
 A Prince Edward Island resident earned $20,000 in interest income and $10,000 in capital gains. Calculate the total tax paid.  \textbf{    Combined marginal tax rates for individuals in top provincial tax bracket     }     A)  $9,843 B)  $10,843 C)  $11,843 D)  $12,843 E)  $13,843


A) $9,843
B) $10,843
C) $11,843
D) $12,843
E) $13,843

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents