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Please show work and answer the following questions for tax 2017 1-4 and tax 2018 1-4 Question Completion Status: year was s:ne for yar 2018.
Please show work and answer the following questions for tax 2017 1-4 and tax 2018 1-4
Question Completion Status: year was s:ne for yar 2018. Assume the follow-ing tax table is applicable. Tax brackets for single filers 39.6% deduction : Exemption: 2017 $0-$9,32S $9,326-$37.m $37,951-91 991.901-591,650 $01451-$416.700 $41Q701-$418,400 $418.401 or more $6.3S0 S4,oso 2018 Standard deduction: Personal $0-S9S2S $9,526-$38.7 $200,001 -ssoo,ooo $500,001 S' 2.000 BUSINESS INSIDER If we use the 2017 tax table, 1 . What is her taxable income? 2. What is he,- marginal rate? 3. What is her federal tax liability? a _ What is her average tax rate?
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