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'iew Policies Iurrent Attempt in Progress Which of the following is the formula for calculating the average tax rate? Q Taxes paid/Gross income 0 Taxes

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'iew Policies Iurrent Attempt in Progress Which of the following is the formula for calculating the average tax rate? Q Taxes paid/Gross income 0 Taxes paid/Taxable income O Taxable income/Adjusted gross income O Taxable income/Gross income Save for Later Attempts: 0 of 2 used View Policies Current Attempt in Progress If you write a check or use your debit card when there isn't enough money in your account to cover the payment, this is known as a(n) O stop payment. 0 overdraft. 0 oat. O skim. Save for Later Attempts: 0 of 2 used liew Policies Iurrent Attempt in Progress You have taxable income of $57600 (22% federal marginal tax bracket). If you combine your federal marginal tax with payroll tax and state income tax, your total marginal tax rate on additional earnings is 37.65%. You learn that your employer will give you a $5900 bonus at the end of the year. How much of your bonus will you be able to spend? Save for Later Attempts: 0 of 2 used View Policies Current Attempt in Progress You are single with a $67600 annual salary and a taxable income of $59000. Your marginal tax rate is 22%, and you owe $7919 in taxes. What is your average tax rate? O 20.51% C) 13.42% 0 12.15% 0 11.71% Save for Later Attempts: 0 of 2 used 'iew Policies Iurrent Attempt in Progress Brian and Sharon le for federal taxes as married ling jointly. They originally anticipated that they will pay a total of $32765 in taxes on an estimated taxable income of $178400. When they led their taxes at the end of the year, they calculated their tax burden to be $33193 on a taxable income of $184351. What was Brian and Sharon's actual average tax rate at the end of the yea r? O 18.37% 0 18.01% 0 18.61% 0 17.77% Save for Later Attempts: 0 of 2 used [I] e

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