Question
Determine the average tax rate and the marginal tax rate for each of the following instances. Use the appropriate Tax Tables and Tax Rate Schedules.
Determine the average tax rate and the marginal tax rate for each of the following instances.
Use the appropriate Tax Tables and Tax Rate Schedules.
a. A married couple filling jointly with taxable income of 33.491 $
b. A married couple filling jointly with taxable income of 199.767 $
c. A married couple filling separately, one spouse with taxable income of 44.385 $ and the other with 56.718 $
d. A single person with taxable income of 79.936
e. A single person with taxable income of 308.989 $
f. A head of household with taxable income of 97.092 $
g. A qualifying widow with taxable income of 22.474 $
h. A married couple filling jointly with taxable income of 11.716 $.
For all requirements when computing average tax rate, use the Tax Tables for taxpayers with taxable income under 100.000 and the Tax rate schedules for those with taxable income above 100.000. Round " Average Tax rate" to 1 decimal place).
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