Question
Good evening I have post a question to get help with the person who show me how to do it I dont get it. I
Good evening I have post a question to get help with the person who show me how to do it I dont get it. I dont know how they get 11.47%.
chuck, a single taxpayer, earns $49,500 in taxable income and $,15,400 in interest from an investment in city of Heflin bonds. (use U.S. tax rate schedule. ) can you please type it out I would appreciate it I try everything in order to get that answer which is 11.47% (a) how much federal tax will he owe? (b) what is his average tax rate? (c) what is his effective tax rate? (d) what is his current marginal tax rate?
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