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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.
- Married taxpayers, who file a joint return, have taxable income of $89,889.
- Married taxpayers, who file a joint return, have taxable income of $61,229.
Tax Liability Marginal Tax Rate Average Tax Rate
A. _________ _____________ % ______________ %
B. _________ _____________ % ______________ %
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