Did you know?
You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)
Re: Answer Me This......Tax Computation
posted on
Dec 29, 2007 08:13PM
In your example...
Revenue $ 1850
Less
Expense -400
Less WPT -700
Leaves $ 750 taxable income at 40% = 300 tax plus the 700 WPT so total tax would be $ 1000
