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

i need help with the question please
Help i timed The bill for a pizza was $13.50. Charles paid for 4/5 the entire bill
what is the formula for angles​
A car weighing 12 kN has the speed of 20ms-1. Find it’s Kinetic energy.
Irurururueurueuejejejejejejejejjejejej
How do the DNA sequences of the organisms compare to one another?
What was a consequence of refusing to answer questions asked by the house Un-American activities committee
Which type of graph would best show the data collected from measuring time for a ball to fall from varying heights? Bar graph circle graph scatter plot frequent
Match the term in the box to the correct definition. Storage area Selectively permeable organelle Control center of a cell An energy-producing organelle Date: 3
On Sunday, a local hamburger shop sold a combined total of 588 hamburgers and cheeseburgers. The number of cheeseburgers sold was three times the number of hamb