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

1. What is the product shown in the picture? Do you find it attractive?2. How did it affect your inclination to buy the product?​
what did I get wrong I got 6/8 please help
What causes scientists to disagree? O A. Some scientists are better than others. B. They have unique perspectives and skills. C. Scientists disagree to get atte
Is delusionality a word?
What happens to a species if an environment changes and there are no variation among the population?
True or false? When creating a budget to repay your student loans, you can save money by paying only the interest. O True because paying only the interest reduc
geometry. find RN. pls help!!
The story of Mary Shelley
Assessment started: undefined. Item 1 What is the mean of this data set? {6, 11, 5, 2, 7} Enter your answer as a decimal in the box
Economic stability is a benefit of technological advances. please select the best answer from the choices provided t f