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Exerclse 3 - 2 3 ( LO . 6 ) Compute the 2 0 2 3 tax liability and the marginal and average tax rates
Exerclse LO Compute the tax liability and the marginal and average tax rates for the following taxpayers. Click here to access the tax rate schedule. If required, round the tax liabllity to the nearest dollar. When required, round the average rates to four decimal places before converting to a percentage e would be rounded to and entered as a Chandler, who files as a single taxpayer, has taxable income of $ Tax liability: Marginal rate: Average rate: b Lazare, who files as a head of household, has taxable income of $ Tax liability: Marginal rate: Average rate:
Exerclse LO
Compute the tax liability and the marginal and average tax rates for the following taxpayers.
Click here to access the tax rate schedule. If required, round the tax liabllity to the nearest dollar. When required, round the average rates to four decimal places before converting to a percentage e would be rounded to and entered as
a Chandler, who files as a single taxpayer, has taxable income of $
Tax liability:
Marginal rate:
Average rate:
b Lazare, who files as a head of household, has taxable income of $
Tax liability:
Marginal rate:
Average rate:
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