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QUESTION 2 Tess, a single taxpayer, earns $96,000 in taxable income and $9,000 in interest from an investment in municipal bonds (tax exempt) from the

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QUESTION 2 Tess, a single taxpayer, earns $96,000 in taxable income and $9,000 in interest from an investment in municipal bonds (tax exempt) from the city of El Paso. Using the U.S. tax rate schedule for year 2020, what is her average tax rate ( rounded 2 decimal places XX.XX )? 17.93%

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