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Jack & Mary Jones of $500,000 but their taxable income is $425,000. What is their Filing Staus for 2018? What is their Marginal Tax Rate
Jack & Mary Jones of $500,000 but their taxable income is $425,000.
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What is their Filing Staus for 2018?
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What is their Marginal Tax Rate for 2018?
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What is their Tax Liability for 2018?
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What is their Average Tax Rate
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What is their effective Tax Rate of taxable income?
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If they discover they have an additional tax deduction of $40,000 what is their new Marginal Tax Rate?
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What is their Tax Savings at the New Rate?
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