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please help me in answering this math problem.
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#6
@triciaal @Young-Lau
she made $21,000 which I'm assuming is all taxable income. However, you take $3,000 away because that is the tax deductible retirement contribution she made. Her taxable income is now 21000 - 3000 = 18000 dollars
x = 18,000 which piece applies here?
on the second one between 10,000 and 20,000
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@daisyarlene did you follow the above? let x = 18000 then see what the tax rate on the left will be
yes
so it will be 0.09(18000)?
correct, x = 18,000 is between 10 thousand and 20 thousand and yes you plug x = 18,000 into 0.09x
which is 1,620 ? :)
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correct
Thank you so much ! :) @jim_thompson5910
you're welcome
and thank you @triciaal as well :)
no problem, always welcome
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@triciaal :D
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