Jayden calculates his 2015 income tax by using both tax, Financial Accounting

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Jayden calculates his 2015 income tax by using both tax

Jayden calculates his 2015 income tax by using both Tax Tables and the Tax Rate Schedules. Because the Tax Rate Schedules yeild a slightly lower tax liability, he plans to pay this amount.

a. Why is there a difference?

b. Is Jayden's approach permissible? Why or why not?

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Financial Accounting: Jayden calculates his 2015 income tax by using both tax

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Financial Accounting: Jayden calculates his 2015 income tax by using both tax

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