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Q: Which of the following is true if your taxable income falls in the lowest tax bracket? A. All of your taxable income is taxed at the same rate. B. Your taxes are computed based on the alternative
minimum tax. C. You are not eligible for the Earned Income Credit D. You pay no income taxes.
A: One moment please.............
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User: Which of the following is true if your taxable income falls in the lowest tax bracket? A. All of your taxable income is taxed at the same rate. B. Your taxes are computed based on the alternative minimum tax. C. You are not eligible for the Earned Income Credit D. You pay no income taxes.

Weegy: One moment please.............
Mitchell|Points 4089|

User: Which of the following is true if your taxable income falls in the lowest tax bracket? A. All of your taxable income is taxed at the same rate. B. Your taxes are computed based on the alternative minimum tax. C. You are not eligible for the Earned Income Credit D. You pay no income taxes.

Weegy: One moment please............. A 0-8500 is 10% flat. For more details on tax brackets you could go to. http://money.howstuffworks.com/personal-finance/personal-income-taxes/tax-brackets1.htm
Mitchell|Points 4089|

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Asked 9/25/2010 7:55:27 PM
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