Joe is a single man whose salary is $40,000 per year. Based on the tax table below, how much does he need to contribute to his employer's 401(k) in order to fall into a lower tax bracket?

A. $1500
B. $6050
C. $4000
D. $8350

Question

Joe is a single man whose salary is $40,000 per year. Based on the tax table below, how much does he need to contribute to his employer's 401(k) in order to fall into a lower tax bracket?


 		A.	$1500
 		B.	$6050
 		C.	$4000
 		D.	$8350

anonymous · Answer

http://media.apexlearning.com/Images/201106/07/a2e99614-6d73-4e2a-94b1-549d55c74540.gif

tkhunny · Answer

Unable to read link.

anonymous · Answer

dang ok hold up

anonymous · Answer

hes in a bracket of 33,950 - 82,250 at 25% and the one lower is 8,350 - 33,950 at 15%

tkhunny · Answer

Okay, then he has to get under 33950.  Why can't you get this one?  Seems like maybe you've stayed up too late, or something.

anonymous · Answer

ya lol been up for 20 hrs need to finish my class tonight

anonymous · Answer

lol got it