in a recent year a single person could expect to pay 4160 in income taxes on an adjusted gross income of 26,000. how much more tax should the person expect to pay if her adjusted gross income increased by 4,000 knowing that this would not move her into the higher tax bracket.
3 answers
She's paying 16% on 26,000, so I expect she'd pay $640 more on an additional $4,000.
Thank you Ms, sue
You're welcome, Ann.
2 answers