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Jerry has $194,000 in taxable income this year. Tax Bottom of Bracket Bracket Top of Bracket Tax Liability for Bracket 11% 14% 19% 26% 32%

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Jerry has $194,000 in taxable income this year. Tax Bottom of Bracket Bracket Top of Bracket Tax Liability for Bracket 11% 14% 19% 26% 32% 39% $0 $7,800 $42,800 $112,800 $212,800 $412,800 $7,800 $42,800 $112,800 $212,800 $412,800 $858 $4,900 $13,300 $26.000 $64,000 Calculate his total tax liability for this year

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