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Problem 2-6 Tax Rates [LO 3] Duela Dent is single and had $188,000 in taxable income. Use the rates from Table 2.3. a. What is
Problem 2-6 Tax Rates [LO 3]
Duela Dent is single and had $188,000 in taxable income. Use the rates from Table 2.3. |
a. | What is the average tax rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
b. | What is the marginal tax rate? (Enter your answer as a percent rounded to the nearest whole number, e.g., 32.) |
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