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Posted on Oct 01, 2024

Marc, a single taxpayer, earns $ 6 0 , 0 0 0 in taxable income and $ 5 , 0 0 0 in interest from

Marc, a single taxpayer, earns $

60, 000

in taxable income and $

5, 000

in interest from an investment in city of Birmingham bonds. Using the U

.

.

tax rate schedule for

2024,

what is his average tax rate?

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