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John's taxable income is $48,000. 1. What is his marginal tax rate? (see Table below) Marginal tax brackets for 2023 tax year Marginal rate
John's taxable income is $48,000. 1. What is his marginal tax rate? (see Table below) Marginal tax brackets for 2023 tax year Marginal rate 10% 12% 22% 24% 32% 35% 37% Single $11,000 or less $11,000 to $44,725 $44,726 to $95,375 $95,376 to $182,100 $182,101 to $231,250 $231,251 to $578,125 $578,126 or more
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
