EBK PERSONAL FINANCE
EBK PERSONAL FINANCE
8th Edition
ISBN: 8220106777794
Author: KEOWN
Publisher: PEARSON
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Chapter 4, Problem 9PA
Summary Introduction

To determine:

The 2017 total tax for A.G, a self employed nurse with 2017 gross income of $68,000 and taxable annual income of $55,000 after adjustment, exemptions and deductions.

Introduction:

Tax refers to the amount that is charged by the government on the income or the services earned by the people in an economy for utilizing the sources of the economy. It is considers as the revenue earned by the government of an economy.

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