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Taxable Income Tax Rate Table$ 0??9,875 10%9,875??40,125 12%40,125??85,525 22%85,525??163,300 24%163,300??207,350 32%207,350??518,400 35%518,400+ 37% Timmy Tappan is single and had ( $ 195,000 ) in taxable
Taxable Income Tax Rate Table$ 0â??9,875 10%9,875â??40,125 12%40,125â??85,525 22%85,525â??163,300 24%163,300â??207,350 32%207,350â??518,400 35%518,400+ 37% Timmy Tappan is single and had \( \$ 195,000 \) in taxable income. Using the rates from Table 2.3 in the chapter, calculate his income taxes. a. What is the average tax rate? (Do not round intermediat 2 answers
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