How much will his tax liability increase

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Question - By doing calculations from his current projected income, your friend Clay, who is single, expects that he will have a taxable income of $32,260 this year, and a tax liability of $4,572. He has been offered a raise which would increase his taxable income by $2,240. The cutoff between 15% and 22% is $33,950. How much will his tax liability increase if he accepts the raise?

Reference no: EM132536509

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