Gwen's Marginal Tax Bracket Is 24

question 17

Multiple Choice

Gwen's marginal tax bracket is 24%.Under the terms of a divorce decree settled in 2018,Gwen pays alimony of $24,000 per year.Gwen's after tax cost for the $24,000 payment is

• A)$0.
• B)$5,760.
• C)$18,240.
• D)$24,000.

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