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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 filing jointly with taxable income of $34,691. b. A married couple filing jointly with taxable income of $217,791. c. A married couple filing separately, one spouse with taxable income of $45,585 and the other with $57,918. d. A single person with taxable income of $81,136. e. A single person with taxable income of $335,881. f. A head of household with taxable income of $98,292. g. A qualifying widow with taxable income of $15,719. h. A married couple filing jointly with taxable income of $12,916. Complete this question by entering your answers in the tabs below. Req a and b a. Req c a. A married couple filing jointly with taxable income of $34,691. b. A married couple filing jointly with taxable income of $217,791. Note: Do not round your intermediate calculations. Note: 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. b. Req d to h Average tax rate Marginal tax rate % % % % Req a and b Req c Show less A
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