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Campbell, a single taxpayer, earns $ 4 0 0 , 0 0 0 in taxable income and $ 2 , 0 0 0 in interest
Campbell, a single taxpayer, earns $ in taxable income and $ in interest from an investment in State of New York bonds. Use the US tax rate schedule. How much federal tax will she owe?
What is her average tax rate?
What is her effective tax rate?
What is her current marginal tax rate?
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