Required: Determine the tax liability, marginal tax rate, and average tax rate in each of the following cases. Use the appropriate Tex Tables and Tax Rate Schedules. a. Married taxpayers, who file a joint return, have taxable income of $89.889 b. Married taxpayers, who file a joint return, have taxable income of $66,829. (For all requirements, use the tax tables to compute tax liability, Round "Average tax rate to 2 decimal places.) Tax liability Marginal tax rate a Average tax rate % b % onces a 2 2 3 4 5 6 7 8 13.272 14.714 88,950 69,00 85,950 86,000 10,495 14,714 86,000 89,000 13.284 13.296 13,308 13,320 13,332 15,446 15,458 15,470 15.482 15.494 11,166 11,177 11.188 11,199 11,210 15,446 15.458 15,470 15.482 15.494 14,726 14,738 14.750 14.752 14,774 14,786 14,798 14.810 14,822 14,834 10,506 10.517 10.528 10,539 10.550 10,561 10,572 10.583 10,594 10,605 14,726 14,738 14,750 14,762 14,774 14,786 14,798 14,810 14,822 14.834 89,050 89,100 89,150 89.200 89,250 89,300 89,350 89,400 89,450 89,500 89.000 89,050 89,100 89,150 89.200 89,250 89,300 89,350 89,400 89,450 89,500 89,550 89,600 89,650 89,700 14,004 14,016 14,028 14,040 14,052 14,064 14.076 14.088 14,100 14,112 13,344 13,356 13,368 13.380 13,392 15,506 15,518 15,530 15.542 15.554 86,000 86.050 86,050 36,100 86,100 86,150 86,150 36,200 86,200 86,250 86,250 86,300 86,300 86,350 86,350 86,400 86,400 B6,450 85,450 86,500 86,500 36,550 36,550 86,600 86,600 86,650 86,650 86,700 36,700 86,750 86,750 36,000 86.800 86,850 86,850 86.900 86.900 86,950 36.950 87,000 15.506 15,518 15,530 15.542 15,554 14,846 14,858 14,870 14 882 14,894 14,846 14.858 14,870 14.882 14,894 10.616 10,627 10.638 10.649 10.560 10.671 10.682 10,693 10,704 10.715 13.404 13.416 13.428 13,440 13.452 13,464 13.476 13.488 13.500 13,512 89.550 89,600 89,650 89,700 89,750 89.800 89,850 89.900 89,950 90,000 15.566 15,578 15.590 15,602 15.614 15.826 15,638 15,650 15,662 15,674 11,221 11,232 11243 11,254 11.265 11.276 11.287 11.298 11.309 116320 11.331 11.342 11.353 11,384 11.375 15,566 15,578 15,590 15,602 15,614 15.626 15,638 15.650 15,662 15,674 14,124 14,136 14,148 14.160 14,172 14.184 14, 196 14.208 14220 14232 14,906 14.918 14,930 14,942 14,954 14,906 14,918 14.930 14,942 14,954 89,750 89,800 89,850 89,900 39,950 * This column must also be used by a qualifying widow(er). - 13- If line 15 (taxable income) is- And you are If line 15 (taxable income) is- And you are- Single At least Single At least But less than Married Married Head of filing filing a jointly sepa- house- rately hold But less than Married Married filing filing jointly sepa- rately Head of a house- hold Your tax is- Your tax is 66,000 69,000 AC 7,528 7,534 7.540 7,546 7,552 8.874 8.885 8,896 8,907 8,918 7,888 7.894 7,900 7,906 7,912 9,534 9,545 9,556 9,567 9,578 10.976 10.987 10.998 11.009 11.020 11.031 11.042 11.053 11.064 11.075 7.558 7,564 7,570 7,576 7,582 66,000 65,050 66,050 66,100 66,100 66,150 66,150 66,200 66,200 66,250 66,250 66,300 66,300 66.350 66,350 66,400 66,400 66,450 66.450 66,500 66,500 68,550 66,550 66,600 66.600 66,650 66,650 66,700 66,700 66.750 66,750 66,800 66,800 66,850 66,850 66.900 66,000 66.950 66,950 67,000 9,589 9.600 9,611 9,622 9.633 10,316 10.327 10.338 10,349 10.360 10.371 10.382 16,393 10,404 10415 16,426 10.437 10.448 10.459 10.470 10.481 10.492 10,503 10,514 10,525 10,316 10.327 10,338 10.349 10,360 10.371 10.382 10.393 10,404 10.415 10,426 10,437 10,448 10,459 10.470 10,481 10,492 10,503 10,514 10.525 8,929 8,940 8.951 8,962 8,973 8.984 8.995 9.006 9.017 9,028 69,000 69,050 69,100 69,150 69,200 69.250 69,300 69,350 69,400 69,450 69,500 69,550 69,600 69,650 69,700 69,750 69,800 69,850 69,900 69.950 10,976 10.987 10.998 11.009 11.020 11.031 11.042 11.053 11.064 11.075 11.086 11,097 11,108 11.119 11.130 69,050 69.100 69,150 69,200 69.250 69,300 69,350 69,400 69,450 69,500 69,550 69,600 69,650 69,700 69,750 69,800 69,850 69,900 69,950 70.000 7,918 7.924 7.930 7,936 7,942 7.948 7,954 7,960 7.966 7.972 7,978 7,984 7,990 7,996 8,002 7,588 7,594 7,600 7.606 7,612 7.618 7.624 7,630 7,636 7,642 11.086 11,097 11,108 11.119 11.130 9.644 9,655 9,666 9,677 9,688 9,699 9.710 9,721 9.732 9,743 9,039 9,050 0.061 9,072 9.083 11.141 11.152 11,163 11.174 11.185 11.141 11.152 11,163 11,174 11.185 67,000 70,000 11.196 11,207 11.218 11,229 11.240 67.000 67,050 67,100 67,150 67,200 67.250 67,300 67,350 67.400 67.450 67.500 67,550 67,600 67.650 67,050 67.100 67,150 67,200 67,250 67,300 67,350 67.400 67,450 67,500 67,550 67,600 67,650 67,700 10,536 10.547 10,658 10,569 10.580 10,591 10.502 10,613 10,624 10,635 10,646 10.657 10.668 10.079 7,648 7,654 7,600 7,666 7.672 7,678 7,684 7,090 7.606 7.702 7.700 7,714 7,720 7.725 10,536 10,547 10.558 10.589 10.580 10.591 10.602 10,613 10.624 10,635 10.646 10,657 10,068 10.079 9,094 9.105 0.116 9,127 9.130 9.149 9,160 9,171 9.182 9,193 70,000 70,050 70,100 70,150 70,200 70,250 70,300 70,350 70,400 70,450 70,500 70,550 70,600 20.550 70,050 70,100 70,150 70,200 70,250 70,300 70,350 70,400 70,450 70,500 70,550 70.600 70,650 2000 8,008 8,014 8.020 8,026 8,032 8,038 8,044 8,050 8.055 8,062 11.196 11.207 11,218 11,229 11.240 11.251 11.262 11.273 11,284 11.295 11.251 11,262 11.273 11.284 11.295 11,305 11,317 11.328 * 9,754 9,765 9.776 9,787 9,798 9,809 9,820 9,831 9.842 9,853 9,864 0.875 9.886 9.204 0,215 9.226 0237 8,068 8,074 8,080 90 11.300 11.317 11,328 11 22 2020 Federal Income Tax Information 2020 Federal Tax Rate Schedules Schedule X-Single If taxable income is over: But not over: $0 S 9.875 $9.875 $ 40,125 $ 40,125 $ 85,525 $85525 $ 163,300 $ 163,300 $ 207 350 $ 207350 $518,400 $ 518 400 The tax is: 10% of taxable income $987.50 plus 12% of the excess over $5,875 $4,617 50 plus 22% of the excess over $40,125 $14,605 50 plus 24% of the excess over $85.525 $33,27150 plus 32% of the excess over $163,300 $47367 50 plus 35% of the excess over $207,350 $156,235.00 plus 37% of the excess over $518,400 Schedule Y-1-Married Filing Jointly or Qualifying Widow(er) Ir taxable income is over: But not over: The tax is: SO $ 19,750 10% of taxable income $19.750 $ 80,250 $1,975.00 plus 12% of the excess over $19,750 $80.250 $ 171050 59.235.00 plus 22% of the excess over $80.250 $ 171 OSO $326,600 $29.211.00 plus 24% of the excess over $171.050 $326,600 $ 414,700 $66543.00 plus 32% of the excess over $326,600 $ 414,700 $622.050 $94,735 00 plus 35% of the excess over $414,700 $6223950 $167307 50 plus 37% of the excess over $622050 Schedule Y-2-Married Filing Separately If taxable income is over But not over $0 $9.875 59.875 $ 40,125 $ 40,125 $85525 $85525 5 163,300 5 163 300 $ 207350 5207350 S311025 5311025 The tax is: 10% of taxable income $987 50 plus 12% of the excess over $9x75 54.617 50 plus 22% of the excess over $40,125 $14.605 50 plus 249 of the excess over $85 525 53327150 plus 325 of the RSS OVER $163 300 S47367 50 plus 35% of the excess over $207 350 363153.25 plus 375. of the excess over $311025 Schedule Z-Head of Household esc a # $ 2 & 3 % 5 4 6 7 $ 311,025 $ 207350 $311,025 $47,367.50 plus 35% of the excess over $207,350 $83,653.75 plus 37% of the excess over $311,025 Schedule Z-Head of Household If taxable income is over: But not over: $0 $ 14,100 $ 14,100 $ 53,700 $ 53,700 $ 85,500 $ 85,500 $ 163,300 $ 163,300 $ 207,350 $ 207350 $518,400 $ 518 400 The tax is: 10% of taxable income $1,410.00 plus 12% of the excess over $14,100 $6,162.00 plus 22% of the excess over $53,700 $13,158.00 plus 24% of the excess over $85,500 $31,830.00 plus 32% of the excess over $163,300 $45.926.00 plus 35% of the excess over $207,350 $154.793.50 plus 37% of the excess over $518,400 Ma