Scribd Logo
Upload

Welcome to Scribd!

  • Simple Income Tax Calculation: Taxable Income $60,000 Income Not Taxed $40,000 Income Tax Rate 20%

    Uploaded by

    Swathi Janardhan
    18 views1 page
    Taxable income was $60,000 with $40,000 not taxed, leaving $20,000 taxable income. The income tax rate on the $20,000 of taxable income was 20%, resulting in $4,000 of income tax owed.

    Original Description:

    fvgbhnjkm

    Original Title

    caulating it

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Taxable income was $60,000 with $40,000 not taxed, leaving $20,000 taxable income. The income tax rate on the $20,000 of taxable income was 20%, resulting in $4,000 of income tax owed.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    18 views1 page

    Simple Income Tax Calculation: Taxable Income $60,000 Income Not Taxed $40,000 Income Tax Rate 20%

    Uploaded by

    Swathi Janardhan
    Taxable income was $60,000 with $40,000 not taxed, leaving $20,000 taxable income. The income tax rate on the $20,000 of taxable income was 20%, resulting in $4,000 of income tax owed.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 1

    Simple Income Tax Calculation

    Taxable income Income not taxed Income tax rate Income tax $60,000 $40,000 20% $4,000

    You might also like