Table 1.4
Use the following tax rates and income brackets to answer the following question(s).

-John and Nicole earn a combined taxable income of $148,800 from employment and file a joint tax return.If they earn$1,000 in short-term capital gains, how much will they owe on those gains?

Question

Table 1.4
Use the following tax rates and income brackets to answer the following question(s).
 
-John and Nicole earn a combined taxable income of $148,800 from employment and file a joint tax return.If they earn$1,000 in short-term capital gains, how much will they owe on those gains?

Quizplus · Accepted Answer

The Answer of Table 1.4
Use the following tax rates and income brackets to answer the following question(s).
 
-John and Nicole earn a combined taxable income of $148,800 from employment and file a joint tax return.If they earn$1,000 in short-term capital gains, how much will they owe on those gains?

Table 1.4 Use the Following Tax Rates and Income Brackets to Answer