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Compute the 2020 tax liability and the marginal and average tax rates for the following taxpayers 1. Chandler, who files as a single taxpayer, has
Compute the 2020 tax liability and the marginal and average tax rates for the following taxpayers
1. Chandler, who files as a single taxpayer, has taxable income of $87,000.
a. Tax liability
b. Marginal Rate
c. Average Rate
2. Lazare, who files as a head of household, has taxable income of $65,400.
a. Tax liability
b. Marginal rate
c. Average rate
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