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Mark, a single taxpayer, earns $80,000 per year in taxable income and has the opportunity to earn an additional $25,000 per year from a second

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Mark, a single taxpayer, earns $80,000 per year in taxable income and has the opportunity to earn an additional $25,000 per year from a second job. What is Mark's marginal tax rate for year 2019 with the additional income? Tax Rates 2019 Tax Rate Schedules Individuals Schedule X-Single Schedule Z-Head of Household If taxable income is over: If taxable income is But not But not over: The tax is: over: over: The tax is: $ $ 0 9,700 $ 9,700 $ 39,475 $ 0 $ 13,850 $ 39,475 $ 84,200 $ 52,850 $ 84,200 $160,725 $ 84,200 10% of taxable income $970 plus 12% of the excess over $9,700 $4,543 plus 22% of the excess over $39,475 $14,382.50 plus 24% of the excess over $84,200 $32,748.50 plus 32% of the excess over $160,725 $46,628.50 plus 35% of the excess over $204,100 $153,798.50 plus 37% of the excess over $510,300 $ 13,850 10% of taxable income $ 52,850 $1,385 plus 12% of the excess over $13,850 $ 84,200 $6,065 plus 22% of the excess over $52.850 $160,700 $12,962 plus 24% of the excess over $84.200 $204,100 $31,322 plus 32% of the excess over $160,700 $510,300 $45,210 plus 35% of the excess over $204,100 $152,380 plus 37% of the excess over $510,300 $160,725 $204,100 $160,700 $204,100 $510,300 $204,100 $510,300 $510,300

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