MC Qu. 04-20 A taxable investment produced ... A taxable investment produced interest earnings of $2,700. A person in a 39 percent tax bracket would have after-tax earnings of (Round your answer to the nearest whole number.) Multiple Choice MC Qu. 04-23 When a taxpayer's income increases ... 11 1,087, the marginal tax rate is When a taxpayer's income increases by $980 and the taxes owed increases from $7717 percent. (Round your answer to the nearest whole number.) Multiple Choice MC Qu. 04-24 A taxpayer with a taxable income of... percent. (Round your A taxpayer with a taxable income of $51,856 and a total tax bill of $5,445 would have an average tax rate of answer to 2 decimal places.) o o o o MC Qu. 04-74 Randal Snyder is ... 17 Randal Snyder is 55 years old, and has adjusted gross income of $41,000. He has medical expenses for the year ending 2018 of $5,100 How much of these expenses can he include as an itemized deduction? Multiple Choice 53075 52025 20 MC Qu. 04-25 A person has ... A person has $4,600 in medical expenses and an adjusted gross income of $35,000. If taxpayers are allowed to deduct the amount of medical expenses that exceed 10.00 percent of adjusted gross income, what would be the amount of the deduction in this situation? (Round your answer to the nearest whole number.) ebook Mumiple Choice 0 0 0 0 Ch. 4 - Quiz Help Save & Exit MC Qu. 04-72 Al Barkley is ... 23 Al Barkley is single and earns $67,000 in taxable income. He uses the following tax rate schedule to calculate the taxes he owes Up to $9.525 $9,525 - $38,700 $38,700 - $82,500 $82,500 - $157,500 What is Al's average tax rate? (Round your answer to 2 decimal places.) Multiple Choice 17.21% Looc O 15.94% 25.00%