subject
Business, 07.11.2019 08:31 NotYourStudent

Devon is a single man whose salary is $90,000 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?
single
married filing jointly
taxable
but not
bracket
taxable
income is
over
but not
over
bracket
8,350
10%
10%
16.700
67.900
8.350
33.960
15%
33.950
$0
16700
67.900
137050
208050
372,960
137050
208 160
82.250
171550
372 950
82 250
171550
372,950
33%
372.950
o
a. $8350
b. $7750
c. $1500
d. $6050
o
o

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Answers: 1

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Devon is a single man whose salary is $90,000 per year. based on the tax
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