Rhonda is currently in the 12 percent tax bracket. she reports a $400 tax deduction. how will this deduction affect her tax liability?

deduction affect her tax liability  = $48

Explanation:

given data

tax bracket = 12 %

tax deduction = $400

to find out

deduction affect her tax liability

solution

we get here deduction affect her tax liability that will be express as

deduction affect her tax liability = tax bracket × tax deduction 1

put here value we get

deduction affect her tax liability = 12 % × $400

deduction affect her tax liability  = $48

so tax liability will decrease by $48 here only credits offset tax liability per dollar

wheres the chart? so i can answer.

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