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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?

Respuesta :

Step-by-step explanation:

[tex] = 33\% \times 1400 \\ = \frac{33}{100} \times 1400 \\ = 462 \: dollars \\ remaining \: tax = 1400 - 462 \\ = 938 \: dollars[/tex]

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