Income Tax- Bracket 4 Practice
Completion requirements
Lesson 2: Personal Taxes - Income Tax Bracket 4 Practice
Practice Makes Perfect
Download Practice Makes Perfect as a
pdf file to print off, complete, and save in your Math 10-3 binder, or write the answers in a notebook specifically for Math 10-3 notes.
Complete the following question:
-
An NHL referee makes $175 000.00/year. How much income tax must he pay?
Hint:
Step 1: Calculate how much of his earnings fall into the fourth bracket.
Step 2: Calculate how much income tax is paid in each bracket.
Check your answers in the detailed solutions found here. Practice is important before you attempt the Chapter 1, Lesson 2 Assignment.
2014 © Alberta Distance Learning Centre