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    Business
  3. Study Set
    Fundamentals of Taxation
  4. Exam
    Exam 2: Expanded Tax Formula, Forms 1040a and 1040, and Basic Concepts
  5. Question
    What Is the Amount of the Tax Liability for a Single
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What Is the Amount of the Tax Liability for a Single

Question 47

Question 47

Multiple Choice

What is the amount of the tax liability for a single person having taxable income of $59,200? All answers should be rounded to the nearest dollar.


A) $10,656.
B) $9,250.
C) $10,600.
D) $14,800.

Correct Answer:

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