Lesson 2: Personal Taxes - Income Tax Bracket 4 Practice

   Practice Makes Perfect

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Complete the following question:


  1. 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.



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