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A. Julia has adjusted gross income of $26,000 and taxable income of $15,200. What is Lizzos marginal tax rate (to the nearest tenth of a
A. Julia has adjusted gross income of $26,000 and taxable income of $15,200. What is Lizzos marginal tax rate (to the nearest tenth of a percent)?
7.9%
13.5%
23.0%
30.0%
B. A tax credit of $100 would reduce Julias tax liability by?
100
30
23
8
C. Julia has adjusted gross income of $26,000 and taxable income of $15,200. The average effective tax rate Julia pays equals (to the nearest tenth of a percent):
7.9%
8.2%
13.5%
23.0%
D. What is the value of X in the tax table?
5705
5811
5917
None of the above
PLEASE show ALL of your Work! Thank you!
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