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A man is in the 33% tax bracket and itemizes his deductions how much will his tax bill be reduced if he qualifies for $1400 tax credit?
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4 votes
A man is in the 33% tax bracket and itemizes his deductions how much will his tax bill be reduced if he qualifies for $1400 tax credit?

User Rjbez
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1 Answer

4 votes

Explanation:


= 33\% * 1400 \\ = (33)/(100) * 1400 \\ = 462 \: dollars \\ remaining \: tax = 1400 - 462 \\ = 938 \: dollars

User Jedge
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