Assume Nyla is in the 10% marginal tax rate, the 9% average tax rate, and her taxable income is $12,000 before receiving her annual bonus. What will the following be if she receives a year-end bonus of $1,000? 1. Tax on the bonus 2. Average tax rate after the

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05-10-2022
Mathematics

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Assume Nyla is in the 10% marginal tax rate, the 9% average tax rate, and her taxable income is $12,000 before receiving her annual bonus. What will the following be if she receives a year-end bonus of $1,000? 1. Tax on the bonus 2. Average tax rate after the

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