Problem 1-46 (LO 1-2,1-4) Determine the tax liability, marginal tax rate, and average tax rate in each of the following cases. 1.47 points Use the appropriate Tax Tables and Tax Rate Schedules a. Single taxpayer, taxable income of $22,356 b. Single taxpayer, taxable income of $70,620 eBook (Use the tax tables to compute tax liability. For all requirements, round "Average tax rate" to 2 decimal places.) Tax liability Marginal tax rate Average tax rate Ask a. b. Print References 2018 Federal Tax Rate Schedules Schedule X-Single If taxable income is over: But not over: The tax is: $9,525 $38,700 $82,500 157,500 $200,000 $500,000 $0 10% of taxable income $9,525 $38,700 $82,500 $952.50 plus 12% of the excess over $9,525 $4,453.50 plus 22% of the excess over $38,700 $14,089.50 plus 24% of the excess over $82,500 $32,089.50 plus 32% of the excess over $157,500 $45,689.50 plus 35% of the excess over $200,000 $150,689.50 plus 37% of the excess over $500,000 $157,500 $200,000 $500,000 Schedule Y-1-Married Filing Jointly or Qualifying Widow(er) If taxable income is over: But not over The tax is: $19,050 $77,400 165,000 10% of taxable income $19,050 $77,400 $165,000 $1,905.00 plus 12% of the excess over $19,050 $8,907.00 plus 22% of the excess over $77,400 $28,179.00 plus 24% of the excess over $165,000 $64,179.00 plus 32% of the excess over $315,000 $91,379.00 plus 35% of the excess over $400,000 $161,379.00 plus 37% of the excess over $600,000 $315,000 $400,000 $600,000 $315,000 $400,000 $600,000 Schedule Y-2-Married Filing Separately If taxable ihcome is over: But not over: The tax is: $9,525 $38,700 $0 10% of taxable income $9,525 $952.50 plus 12% of the excess over $9,525 $4,453.50 plus 22% of the excess over $38,700 $14,089.50 plus 24% of the excess over $82,500 $32,089.50 plus 32% of the excess over $157,500 $45,689.50 plus 35% of the excess over $200,000 $80,689.50 plus 37% of the excess over $300,000 $38,700 $82,500 $82,500 $157,500 $157,500 $200,000 $300,000 $200,000 $300,000 Schedule Z-Head of Household If taxable income is over: But not over The tax is: $13,600 $51,800 $82,500 $157,500 $200,000 $500,000 $0 10% of taxable income $13,600 $51,800 $ 1 ,360.00 plus 1 2% of the excess over $ 1 3,600 $5,944.00 plus 22% of the excess over $51,800 $12,698.00 plus 24% of the excess over $82,500 $30,698.00 plus 32% of the excess over $157,500 $44,298.00 plus 35% of the excess over $200,000 $149,298.00 plus 37% of the excess over $500,000 $82,500 $157,500 $200,000 $500,000 70,000 70,000 70,050 3 8,022 11,345 9,954 70,050 70,100 11,356 8,028 11,356 9,965 70,100 70,150 1,367 8,034 11,367 9,976 70,150 70,200 ,378 8,040 11,378 9,987 70,200 70,250 11,389 8,046 11,389 9,998 70,250 70,300 ,400 8,052 ,400 10,009 70,300 70,30 4 8,058 ,41 10,020 70,350 70,400 11,422 8,064 11,422 10,031 70,400 70,450 11,433 8,070 11,433 10,042 70,450 70,500 11,444 8,076 11,444 10,053 70,500 70,550 ,455 8,082,455 10,064 70,550 70,600 1,466 8,088 11,466 10,075 70,600 70,650 ,477 8,094,477 10,086 70,650 70,700 11,488 8,100 11,488 10,097 70,700 70,750 11,499 8,106 11,499 10,108 70,750 70,800 ,510 8,112 11,510 10,119 70,800 70,850 ,52 8,118,52 10,130 70,850 70,900 532 8,124 11,532 10,141 0,900 70,950 ,543 8,130 1,543 10,152 0,950 71,000 11,554 8,136 11,554 10,163 If line 10 (taxable income) is- And you are- At But Single Married Married Head of filing filing a jointlysepa- house- rately hold east less Your tax is- 21,000 2,1422,333 2,251 2,148 2,339 2,257 21,000 21,050 21,050 21100 21,100 21,150 2,345 2,154 2,345 2,263 21,150 21,200 2,351 2,160 2,351 2,269 21,200 21,250 2,357 2,1667 2.275 21,250 21,300 21300 21,350 21,350 21,400 2,3752,184 21,400 21,450 2,381 2,190 2,381 2,299 21,450 21,500 2.387 2,196 2,172 2,178 2.281 393 2,202 2,393 2,311 21,500 21,550 21,550 21,600 2,399 2,208 2,399 2,317 21,600 21,650 2,4052,2142,4052,323 21,650 21,700 , ,20 2,41 2,329 1,700 21,70 2417 22247 2,335 21,750 21,800 2.423 2232 242 2.341 21,800 21,850 2,429 2,238 2,429 2,347 21,850 21,900 2,435 2,244 2,435 2,353 21,900 21,950 2,4412,250 2.441 2,359 21,950 22,0002,4472,256 2,447 2.365 22,000 22,000 22,050 2,45 ,262 2,453 2,371 22,050 22,100 2,459 ,26,459 2,377 22,100 22,150 2,465 2,27446 2,383 22,150 22,200 2,471 2,280 2,4712,389 22,200 22,250 2,477 2,286 2477 2,395 22,250 22,300 2,483 2292 24832.401 22,300 22,350 2,489 2,298 2,489 2,407 22,350 22,400 2,495 ,304 2,495 2,413 22,400 22,450 2,5012,310 2,501 2,419 22,450 22,500 2507 2,316 2,507 2,425 22,500 22,550 2,513 2322 2513 2,431 22,550 22,600 2,519 2,3282,519 2,437 22,600 22,650 2,525 2,334 2,525 2,443 22,650 22,700 2,531 2,340 2,53 2,449 22,700 22,750 2,537 2346 2,537 2455 22,750 22,800 2,543 2352 54 2,461 22,800 22,850 2,549 2,3582,549 2,467 22,850 22,900 2,555 2,3642,555 2,473 22,900 22,950 2,5612,3702,5612,479 22,950 23,000 2,567,376 2,567 2,485 5 23,000