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Mary Jarvis is a single individual who is working on filing he r tax return for the previous year. She has assembled the following relevant
Mary Jarvis is a single individual who is working on filing he r tax return for the previous year. She has assembled the following relevant information:
she recieved $ in salary
she recieved $ of dividen income
she recieved $ from the sale of disney stock that was purchased years prior to the sale at a cost of $
she recieved $ from the sale of google stock that was purchased months prior to the sale at a cost of $
Mary recieves one exemption $ and she had allowable itemixed deductions of $ These amounts will be deducted from her gross income to determine her taxanle income.
a What is Mary's federal tax liability? Round your answer to the nearest cent. Do not round intermediate calculations.
$
b What is her marginal tax rate? Round your answer to decimal place.
c What is her average tax rate? Round your answer to decimal places.
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