Afamous movie actress made $10 million last year. she is married and has no children, and her husband does not earn any income. assume that she computes her taxable income using the following formula:
(taxable income) = (income) (exemptions) (standard deductions)

find her taxable income, her federal income tax, and her effective federal income tax rate.

The answers are:

Step-by-step explanation:

If she is filing her 2018 income:

Her $10 million income places her in the highest tax bracket:

taxable income = $10 million - $24,000 (standard deduction) = $9,976,000

her federal income tax = $161,379 + ($9,376,000 x 37%) = $3,630,499

effective federal income tax rate=($3,630,499 / 10,000,000) x 100 = 36.30%

the answers are in the images, i received 100% on this assignment. hope this !

u = -(6/7)w

step-by-step explanation:

place all values with 'u' on one side of the equation.

4u + 8w = - 3u + 2w

4u + 3u = 2w - 8w

further simplify the equation by solving the addition and subtraction.

7u = - 6w

make 'u' the independent variable by placing its co-efficient on the right-hand side.

u = - (6/7)w