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please answer all questions Mary Jarvis is a single individual who is working on filing her tax return for the previous year: She has assembled

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Mary Jarvis is a single individual who is working on filing her tax return for the previous year: She has assembled the following relevant information: - She recelved $139,000 in salary. - She received $12,500 of dividend income. - She received $7,200 of interest income on Home Depot bonds. - She received $22,000 from the sale of Disney stock that was purchased 2 years prior to the sate at in cost of $9 ooou - She received $9,000 from the sale of Google stock that was purchased 6 months prior to the sale at a cost oficiciono. - Mary only has allowable itemized deductions of $7,600,50 she will take the standard deduction of $12, 400. The standand deduction is subtracted from her gross income to determine her taxable income. Assume that her tax rates are based on Table 3.5. nearest cent. 5 b. What is her marginal tax rate? Do not round intermedate calculations. found rour answer to one decmanplese c. What is her average tax rate? Do not round intermedlate calculations. Found your answer to two decimal placep- 2. Whe average tax rates are always besow the marginal rates, but in 2020 the average at the top of the brackets approochts 37 s as taxable income raes without fimit. 3. In 2018 , the personal exemption for the tampyer and dependents was eliminated. With the deduction Iimitation on atate and local property, income, and sales taxes and the existence of payroll taxes iSocial Security and Medicare tavel), the 2020 effective tax nate will be higher than 32

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