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Cal. Tax Rates Structures Bill and Mercedes have $160,000 of taxable income and an additional $10,000 of nontaxable income. Using the 2021 married filing
Cal. Tax Rates Structures Bill and Mercedes have $160,000 of taxable income and an additional $10,000 of nontaxable income. Using the 2021 married filing jointly tax rates, what is their tax due, average tax rate, and effective tax rate? (use the schedule on page 25 of your textbook.) Bracket Tax at beginning of the bracket Income subject to additional Tax Additional Tax Total Tax
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