Maureen Smith is a single individual. She claims one exemption of $4,000 for herself and claims a standard deduction of $6,300. Her salary for the year was $163,550. Assume the following tax table is applicable.

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Single Individuals

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? If Your Taxable Income Is	You Pay This Amount on the Base of the Bracket	Plus This Percentage on the Excess over the Base	Average Tax Rate at Top of Bracket
Up to $9,225	$ 0	10.0%	10.0%
$9,225-$37,450	922.50	15.0	13.8
$37,450-$90,750	5,156.25	25.0	20.4
$90,750-$189,750	18,481.25	28.0	24.3
$189,750-$411,500	46,075.25	33.0	29.0
$411,500-$413,200	119,401.25	35.0	29.0
Over $413,200	119,996.25	39.6	39.6

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What is her average tax rate?

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Question 38 options:

	?18.31%
	19.02%
	?19.96%
	?23.48%
	24.89%