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1. What is the tax owed by an individual with an annual income of 40,000.
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5 votes
1. What is the tax owed by an individual with an annual income of 40,000.

User Atao
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1 Answer

4 votes

Answer:

4,000

Explanation:

If you are single and a wage earner with an annual salary of $40,000, your federal income tax liability will be approximately $4,000.

User Ivan Kleshnin
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