Ask Question
5 June, 21:00

Eli's gross income as a painter is $30,000 per year, which places him in the 15% approximate tax bracket. How much does he pay in taxes for the year?

+4
Answers (1)
  1. 5 June, 21:22
    0
    Answer: $4,500

    Explanation: 1% of $30,000 would be $300. If you multiply that by 15, you get $4,500, so 15% of 30,000 is 4,500.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Eli's gross income as a painter is $30,000 per year, which places him in the 15% approximate tax bracket. How much does he pay in taxes for ...” in 📗 Physics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers