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erri Simmons is single and had $197,000 in taxable income. Use the rates from Table 2.3. a. Calculate her income taxes. (Do not round intermediate
erri Simmons is single and had $197,000 in taxable income. Use the rates from Table 2.3. |
a. | Calculate her income taxes. (Do not round intermediate calculations and round your answer to the nearest whole dollar amount, e.g., 32.) |
b. | What is the average tax rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
c. | What is the marginal tax rate? (Do not round intermediate calculations and enter your answer as a percent rounded to the nearest whole number, e.g., 32.) |
View Go Tools Window Help Table 2.3.pdf (1 page) Se Table 2.3 Personal Tax Rates for 2018 (Unmarried Individuals) Taxable Income Tax Rate $ 0 - 9,525 10% 9,525 - 38,700 12 38,700 - 82.500 22 82.500 - 157,500 24 157,500 - 200,000 32 200.000 - 500.000 35 500,000 - 37 30 MacBook Air 80 15 GA A % 5 & 7 V 8 N9 3 4 6 7
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