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Susan is single with a gross income of $120,000 and a taxable income of $98000. in calulating gross income, she properly excluded $10000 of tax
Susan is single with a gross income of $120,000 and a taxable income of $98000. in calulating gross income, she properly excluded $10000 of tax exempt interest income. Usng the tax rate schedules in this chapter, calulate Susan's total tax, marginal tax rate, average tax rate, and effective tax rate.
In the 2019 Tax Schedule. (10%, 12%, 22%, 24%, 32%, 35%, 37%)
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