espinojohnchristian1 espinojohnchristian1
  • 01-12-2020
  • Mathematics
contestada

Mr. and Mrs. Suralbo earned a net taxable income of P568,986. Find the income tax due.

Respuesta :

JackelineCasarez JackelineCasarez
  • 09-12-2020

Answer:

$198,000

Step-by-step explanation:

Since Mr. and Mrs. Suralbo are married and filing jointly, they would fall into the tax slab of 35% as their taxable income ranges between $414,701 to $622,050.

Taxable income = $568,986

Tax rate = 35%

Income tax due = $568,000 * 35/100

= $198,000

Thus, the income tax due for Mr. and Mrs. Suralbo would be $198,000.

Answer Link

Otras preguntas

Simplify and show your work -8 + 4i / 4 - 4i
A bus on a regular schedule takes 3 1/4 hours to reach its destination. The express bus takes 2 1/2 hours to make the same trip. How much travel time can be sa
800 is 10 times as much as_____
If one half of a number is 8 less than two thirds of the number, what is the number? 1) 24 2)32 3)48 4)54
What represents instantaneous velocity on a graph?
A stone falls from ledge and takes 16 seconds to hit ground. The stone has an original velocity 0 m/s, How tall is the ledge?
6x+5y=-15 into intercept form
describe the relationship between the value of a dollar and the value of a dime
out of 45 times at bat, Raul got 19 hits. Find Rauls batting average as a decimal rounded to the nearest thousandth.
What is the value of 3 in 63.856