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please let me know if any of the answers i chose were wrong STEP: 2 of 2 Calculating Taxable Income Taxable income Rate $0-$9,525 10.0%
please let me know if any of the answers i chose were wrong
STEP: 2 of 2 Calculating Taxable Income Taxable income Rate $0-$9,525 10.0% $9,526-$38,700 12.0% $38,701-$82,500 22.0% $82,501-$157,500- 24.0% $157,501-$200,000 32.0% $200,001-$500,000 35.0% $500,001 or more 37% Using the previous tax table, compute the tax liability for the individual in the scenario presented, rounding the liability to the nearest dollar. In addition, use the dropdown lists to identify the marginal tax rate and average tax rate for the individual in the scenario. Caroline's Tax Scenario Caroline is a professional with taxable income of $10,025. Using the previous tax table, compute the tax liability for the individual in the scenario presented, rounding the liability to the nearest dollar. In addition, use the dropdown lists to identify the marginal tax rate and average tax rate for the individual in the scenario. Caroline's Tax Scenario Caroline is a professional with taxable income of $10,025. What is Caroline's total tax liability? $21,769.50 (Note: Round your answer to the nearest cent, if necessary.) What is Caroline's top marginal tax rate? 24.00% W What is Caroline's average tax rate? Grade Final Step Caroline's Tax Scenario Caroline is a professional with taxable income of $10,025. 10.10% 15 15 0.1111 What is Caroline's total tax liability? 769 50 (Note: Round your answer to the nearest cent, if necessary.) 0.0808 What is Caroline's top marginal tax ra % 0.0909 What is Caroline's average tax rate? TOTAL SCORE: 3/6 Grade Final Step do complete this step and unlock the ned strp Save & Continue Grade It Now Step by Step Solution
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