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Old MathJax webview Saved Campbell, a single taxpayer, earns $412,000 in taxable income and $2,960 i Use the U.S. tax rate schedule). Required: a. If
Old MathJax webview
Saved Campbell, a single taxpayer, earns $412,000 in taxable income and $2,960 i Use the U.S. tax rate schedule). Required: a. If Campbell earns an additional $17,400 of taxable income, what is herm b. What is her marginal rate if, instead, she had $17,400 of additional deduc (For all requirements, do not round intermediate calculations. Round perc 38 % a. Marginal tax rate b. Marginal tax rate % com/media/connect... = But not The tax is: Individuals Schedule X-Single If taxable income is over: S 0 $ 9,950 $ 40,525 $ 86,375 $ 164,925 $ 209,425 over: $ 9.950 $ 40,525 $ 86,375 $ 164.925 $ 209,425 $ 523,600 10% of taxable income $995 plus 12% of the excess over $9.950 S4,664 plus 22% of the excess over $40,525 $14,751 plus 24% of the excess over $86,375 $33,603 plus 32% of the excess over $164,925 $47,843 plus 35% of the excess over $209,425 $157,804.25 plus 37% of the excess over $523,600 $ 523,600
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