Ask Question
4 August, 04:38

If Diane was in a 25% tax bracket and received a $1,000 tax credit, by how much would her taxes be reduced?

+5
Answers (1)
  1. 4 August, 08:29
    0
    Tax credit is 1000

    Tax braccket is 0.25

    So, tax bill will be reduced by 1000*0.25=250
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “If Diane was in a 25% tax bracket and received a $1,000 tax credit, by how much would her taxes be reduced? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers