$2021$ Tax Rate Schedules

Individuals

Schedule X$-$Single

Chuck, a single taxpayer, earns $$79,900$ in taxable income and $$15,300$ in interest from an investment in City of Heflin bonds. $($Use the

U$.$S tax rate schedule.$)$

Required:

a$.$ How much federal tax will he owe?

b$.$ What is his average tax rate?

c$.$ What is his effective tax rate?

d$.$ What is his current marginal tax rate?

Answer is complete but not entirely correct.

Complete this question by entering your answers in the tabs below.

Req $A$

Req C

How much federal tax will he owe? $($Do not round intermediate calculations. Round "Federal tax" to nearest whole dollar

amount.$)$

Federal tax

$$16,693$

Schedule Z$-$Head of Household

Schedule Y$-2-$Married Filing Separately