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Title: The tax liability of a corporation with ordinary income of $1,100,000 is ________.Range of taxable ...
Post by: betterway on Mar 6, 2017
The tax liability of a corporation with ordinary income of $1,100,000 is ________.
   Range of taxable income   Marginal rate

   $     0   to   $     50,000   15%
   50,000    to   75,000   25
    75,000    to   100,000   34
   100,000    to    335,000   39
   335,000   to   10,000,000   34
   10,000,000    to   15,000,000   35
A) $362,250
B) $340,000
C) $374,000
D) $390,000


Title: Re: The tax liability of a corporation with ordinary income of $1,100,000 is ________.Range of ...
Post by: Ulain on Mar 6, 2017
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