Question

In 2011,canadian federal tax rates were 0% on the first $10, 527 of griss income earned. 15% on the next $31, 017,22%on the next $41544, 26% on the next45, 712 and29% on anything more, if a taxpayer paid 28,925.35 in federal tax, what was her gross income for 2011?​

Answer 1

If you make $10,000 a year living in the region of California, USA, you will be taxed $885. That means that your net pay will be $9,115 per year, or $760 per month. Your average tax rate is 8.9% and your marginal tax rate is 8.9%