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QUESTION 8 Samuel Ahn recently graduated from college and started working in a promising career field. He earned $45,000 this year (2019) from his job

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QUESTION 8 Samuel Ahn recently graduated from college and started working in a promising career field. He earned $45,000 this year (2019) from his job and has no other source of income. He takes the Standard Deduction for a single taxpayer ($12,000) and has no dependences. The table below is used to calculate his Federal Income Tax due. How much tax does he pay this year, what is his marginal rate and his average tax rate? Taxable income range Tax rate Up to $9,075 10 percent More than $9,075 but under $36,900 $907.50 plus 15 percent of the amount over $9,075 More than $36,900 but under $89,350 $5,081.25 plus 25 percent of the amount over $36,900

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