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Problem 3-26 Tax Rates (LO4) Using Table 3.6, calculate the marginal and average tax rates for a single taxpayer with the following incomes: (Do not
Problem 3-26 Tax Rates (LO4) Using Table 3.6, calculate the marginal and average tax rates for a single taxpayer with the following incomes: (Do not round intermediate calculations. Round your answers to 1 decimal place.) Income a. $ 27,500 b. $ 65,000 C. $ 315,000 d. $ 4,500,000 Marginal Tax Rate 12.0% 22.0 % 35.0 % 37.0 % Average Tax Rate 11.3 % % % %
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