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
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). ]

Question
Rating

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
Updated 7/30/2012 10:47:23 PM
True. Take-home pay is a person's earnings after deductions for taxes and other items.
Popular Conversations
What is exports?
Weegy: Net Exports is the value of a country's total exports minus the value of its total imports. User: What is ...
Why are closing costs a one time fee?
Weegy:
What is Marasmus? User: What is kwashiorkor?
Weegy: Kwashiorkor is a childhood disease that is caused by protein deprivation. User: What is ketosis? User: ...
Psilocybin is a type of __________. ...
Weegy: Psilocybin is a type of hallucinogen. User: Antibiotics kill harmful bacteria or prevent bacteria from ...
Which of the following is known to increase an individual's chances ...
Weegy: Diabetes is characterized by excessively low blood sugar levels. Yes, this can be true about diabetes. User: ...
(-3 - 5i)(-3 + 5i) =
Weegy: (-3 + 5i) - (7 + 9i) = -3 + 5i - 7 - 9i; = -10 - 4i User: Which of the following equations shows the ...
The Sino-Soviet split was followed by an economic agreement between ...
Weegy: The Sino-Soviet split was followed by an economic agreement between the U.S. and the USSR. User: Which of ...
One of the biggest risks involved in using e-mail is A. loss ...
Weegy: One of the biggest risks involved in using e-mail is junk mail. User: When addressing an envelope for ...
Weegy Stuff
S
Points 736 [Total 736] Ratings 10 Comments 616 Invitations 2 Offline
S
Points 718 [Total 718] Ratings 13 Comments 588 Invitations 0 Offline
S
Points 646 [Total 646] Ratings 0 Comments 646 Invitations 0 Offline
S
1
L
L
P
R
P
L
P
P
R
Points 306 [Total 12558] Ratings 2 Comments 286 Invitations 0 Offline
S
L
P
P
P
Points 166 [Total 3543] Ratings 0 Comments 166 Invitations 0 Offline
S
Points 38 [Total 107] Ratings 0 Comments 38 Invitations 0 Offline
S
L
Points 29 [Total 4121] Ratings 0 Comments 29 Invitations 0 Offline
S
Points 14 [Total 345] Ratings 0 Comments 14 Invitations 0 Offline
S
Points 12 [Total 12] Ratings 1 Comments 2 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.