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Problem 04-03 (Static) [LO 4-2] Refer to the individual rat schedules in Appendix C Required: a. What are inte tax liability, the marginal tax
Problem 04-03 (Static) [LO 4-2] Refer to the individual rat schedules in Appendix C Required: a. What are inte tax liability, the marginal tax rate, and the average tax rate for a married couple filing jointly with $51,900 taxable income 5. What are the tax liability, the marginal tax rate, and the average tax rate for a single individual with $197,200 taxable income? c. What are the tax liability, the marginal tax rate, and the average tax rate for a head of household with $446,300 taxable income? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Required C What are the tax liability, the marginal tax rate, and the average tax rate for a married couple filing jointly with $51,900 taxable income? (Round final "Tax liability" to the nearest whole dollar and "Average tax rate to 2 decimal places.)
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