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Need a solution for the question Thank you! 28. Using...

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Accounting

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Need a solution for the question Thank you!

28. Using the tax table provided, compute the income tax due for Susie and Josh Adams whose taxable income for the past year is $181,050. Income Tax Over Not Over The Tax is: Of the Amount Over $- $19,750 $0 + 10% $- 19,750 80,250 1,975 + 12% 19,750 80,250 171,050 9,235 + 22% 80,250 171,050 326,600 29,211 + 24% 171,050 326,600 414,700 66,543 + 32% 326,600 414,700 622,050 94,735 + 35% 414,700 622,050 167,308 + 37.0% 622,050

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