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Brandon, an unmarried individual, has $196,900 taxable income. Assume the taxable year is 2022. Use Individual Tax Rate Schedules Required: a. Identify Brandon's statutory marginal
Brandon, an unmarried individual, has $196,900 taxable income. Assume the taxable year is 2022. Use Individual Tax Rate Schedules Required: a. Identify Brandon's statutory marginal rate and compute average tax rate assuming Brandon is a single taxpayer. b. Identify Brandon's statutory marginal rate and compute average tax rate assuming Brandon is a head of household. c. Identify Brandon's statutory marginal rate and compute average tax rate assuming Brandon is a surviving spouse. Complete this question by entering your answers in the tabs below. Required A Required B Required C Identify Brandon's statutory marginal rate and compute average tax rate assuming Brandon is a single taxpayer. Note: Do not round intermediate calculation. Round your "Average rate" answer to 2 decimal places (for example XX.XX%). Marginal rate 26 Average rate Required A Required B >
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