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Required: Determine the tax liability, marginal tax rate, and average tax rate in each of the following cases. Use the appropriate 2019 Tax Tables and
Required: Determine the tax liability, marginal tax rate, and average tax rate in each of the following cases.
Use the appropriate 2019 Tax Tables and Tax Rate Schedules.
Single taxpayer, taxable income of $38,862. Single taxpayer, taxable income of $89,889.
Tax Liability Marginal Tax Rate Average Tax Rate
A. _________ _____________ % ______________ %
B. _________ _____________ % ______________ %
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