milemike9070 milemike9070

31-01-2020
Business

contestada

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

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muratkhanmoldir00 muratkhanmoldir00

01-02-2020

Answer:

Explanation:

Tax credit is 1000

Tax braccket is 0.25

So, tax bill will be reduced by 1000*0.25=250

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