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Compute the 2020 tax liability and the marginal and average tax rates for the following taxpayers (use the 2020 Tax Rate Schedules in Appendix A
Compute the 2020 tax liability and the marginal and average tax rates for the following taxpayers (use the 2020 Tax Rate Schedules in Appendix A for this purpose).
- Chandler, who files as a single taxpayer, has taxable income of $94,800.
- Lazare, who files as a head of household, has taxable income of $57,050.
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