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From the above table what is the total tax owed, rounded to the...

From the above table what is the total tax owed, rounded to the nearest dollar?




If a man is in the 33 % tax bracket and claims the standard deduction. How much will his tax bill be reduced if he qualifies for a $ 400 tax​ credit?


You are in the 15 % tax bracket. The apartment rents for $ 1800 per month. Your monthly mortgage payments would be ​$2300​, of which an average of ​$2100 per month goes toward interest during the first year. Determine whether renting or buying is cheaper in terms of monthly payments during the first year. Assume you are itemizing deductions.

Is it cheaper to own or to​ rent?

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