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.

liz54321 Mar 10, 2021

#1**+1 **

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

ElectricPavlov Mar 10, 2021