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In 2 0 2 4 , Madden, who is single, has adjusted gross income of $ 1 4 6 , 3 5 0 , uses
In Madden, who is single, has adjusted gross income of $ uses the standard deduction of $ and has $ of taxable income. Compute the following for Madden:
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a Federal income tax liability see Appendix A for the Tax Rate Schedule
b Statutory tax rates
c Marginal tax rate.
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d Average tax rate.
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e Effective tax rate, using adjusted gross income.
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