On December 28, 2014, Doris and Dan are considering one last financial decision for 2014, a contribution of $1,000 to the American Diabetes Association. If they make the $1,000 contribution, it will be fully deductible on their 2014 income tax return. Their filing status is married filing jointly. Their 2014 taxable income before this contribution is $150,000. If they make this contribution, what is its after-tax cost?

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The Answer of On December 28, 2014, Doris and Dan are considering one last financial decision for 2014, a contribution of $1,000 to the American Diabetes Association. If they make the $1,000 contribution, it will be fully deductible on their 2014 income tax return. Their filing status is married filing jointly. Their 2014 taxable income before this contribution is $150,000. If they make this contribution, what is its after-tax cost?

On December 28, 2014, Doris and Dan Are Considering One