In 2011, Canadian federal tax rates were 0% on the first $10,000 of gross income earned, 15% on the next $30,000, 20% on
-
answerhappygod
- Site Admin
- Posts: 899604
- Joined: Mon Aug 02, 2021 8:13 am
In 2011, Canadian federal tax rates were 0% on the first $10,000 of gross income earned, 15% on the next $30,000, 20% on
In 2011, Canadian federal tax rates were 0% on the first $10,000 of gross income earned, 15% on the next $30,000, 20% on the next $40,000, 25% on the next $45,000, and 30% on anything more. If a taxpayer paid $12,000 in federal tax, what was her gross annual income for 2011?
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!