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mommy893 mommy893
  • 05-08-2016
  • Mathematics
Answered

Barb Hotchkins is in the 28 percent tax bracket. A tax-exempt employee benefit with a value of $500 would have a tax-equivalent value of:


Verified Answer :

sharonpatta
sharonpatta sharonpatta
  • 05-08-2016

Take 28% of 500 which is 140 then add that to 500.

The answer is 640.

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