You have new items in your feed. Click to view.
Question and answer
Each year the internal revenue service adjusts the value of an exemption based on inflation and rounded to the nearest $50 In a recent year if the exemption was worth $3,100 and inflation was 4.7
percent what would be the amount of the exemption for the upcoming tax year?
$3,100 X 1.047 = $3,245.70 rounded to $3,250
Get an answer
Original conversation
User: what would be the average tax rate for a person who paid taxes of $4,864.14 on a taxable income of $39,870?

User: Each year the internal revenue service adjusts the value of an exemption based on inflation and rounded to the nearest $50 In a recent year if the exemption was worth $3,100 and inflation was 4.7 percent what would be the amount of the exemption for the upcoming tax year?

Weegy: $3,100 X 1.047 = $3,245.70 rounded to $3,250
coolcurtis|Points 150|

User: Using the tax table in Exhibit 4-7 determine the amount of taxes for the following situations a)A head of household with taxable income of $26,210 b) A single person with taxable income of $26,888 c) A married person filling a separate return with taxable income of $26,272

Weegy: a. A head of household with taxable income of $26,210 ($3,934 amount of taxes). b. A single person with taxable income of $26,888 ($4,321 amount of taxes). c. [ A married person filing a separate return with taxable income of $26,272 ($4,679 amount of taxes). ]
Expert answered|bongche|Points 2795|

Question
Asked 7/31/2012 7:33:13 PM
0 Answers/Comments
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
Take-home pay is a person's earnings after deductions for taxes and other items. (Points : 2) True False
Weegy: False (More)
Question
Expert Answered
Updated 7/30/2012 10:47:23 PM
1 Answer/Comment
True. Take-home pay is a person's earnings after deductions for taxes and other items.
Added 7/30/2012 10:47:23 PM
This answer has been added to the Weegy Knowledgebase
26,193,762 questions answered
Popular Conversations
7 × -11 User: 56 ÷ -7
9/25/2016 4:46:00 PM| 2 Answers
Expressed powers are
Weegy: Strict Constructionist User: People who are against capital punishment argue that it violates the
9/25/2016 9:43:37 PM| 2 Answers
IAB stands for
Weegy: what can i help you?
9/25/2016 12:21:25 AM| 1 Answers
Weegy Stuff
S
L
P
P
P
P
P
L
Points 948 [Total 5020] Ratings 2 Comments 928 Invitations 0 Offline
S
P
1
L
Points 677 [Total 1557] Ratings 5 Comments 627 Invitations 0 Offline
S
Points 205 [Total 499] Ratings 0 Comments 205 Invitations 0 Offline
S
Points 105 [Total 105] Ratings 0 Comments 105 Invitations 0 Offline
S
L
P
Points 103 [Total 1215] Ratings 0 Comments 103 Invitations 0 Offline
S
Points 72 [Total 72] Ratings 0 Comments 72 Invitations 0 Offline
S
Points 30 [Total 30] Ratings 3 Comments 0 Invitations 0 Offline
S
L
Points 25 [Total 4250] Ratings 1 Comments 15 Invitations 0 Offline
S
L
P
P
P
Points 14 [Total 3876] Ratings 0 Comments 14 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.