The Johnsons Calculate Their Income Taxes part 6

Business & Finance
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6. Assuming they had a combined $18,000 in federal income taxes withheld, how much of a refund will the Johnsons receive? 7.What is their marginal tax rate? 8. Based on gross income, what is their average tax rate? 9.

Jan 10th, 2015

The refund the Johnsons will receive is $10,225 and the marginal tax rate is 32%. And based on their gross income their average tax rate is 46$.

Jan 10th, 2015

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