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How many paintings must Jackie sell in 2020 to reach the 12% tax bracket? How many paintings must Jackie sell in 2020 to reach the 22% tax bracket? You may assume that all of Jackie’s income is taxable income.

 Mar 10, 2021
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Need the tax tables you are using ......

   according to 2020 tax tables   12% bracket is  $ 9876  through 40125

 

    If paintings are   500 dollars each (from  another of your posts)    9876/500 = 19.752 painitngs   

               the 20th painting Jackie sells will put jackie in the 12% bracket

 Mar 10, 2021

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