Solve
-Mike and Carrie Are in The 28 $28 \%$ Marginal Tax Bracket and Claim the Standard Deduction

question 161

Multiple Choice

Solve.
-Mike and Carrie are in the $28 \%$ marginal tax bracket and claim the standard deduction. How much will their tax bill be reduced if they qualify for a $\$ 830$ tax credit?

• A) \(\$ 830\)
• B) \(\$ 1062.40\)
• C) \(\$ 500.00\)
• D) \(\$ 232.40\)

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