Answered

At Westonci.ca, we provide reliable answers to your questions from a community of experts. Start exploring today! Discover a wealth of knowledge from experts across different disciplines on our comprehensive Q&A platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

Madeleine earned $36,000 last
year. If the first $16,000 is taxed at 12% and income above that is taxed at 20%, how much does Madeleine owe in tax?

Sagot :

Owed 5920 in taxes

0.12*16000+0.2*20000=5920
Thanks for stopping by. We are committed to providing the best answers for all your questions. See you again soon. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.