taxation

What is the average federal tax rate for an individual making $60,000 in taxable income? 1 point O 17.8% O 15.0% O 20.5% O 16.1% 1 point Emma has the following foreign assets: Foreign vacant land (Book value $50,000, Market value $100,00), U.S. stocks in a RRSP (Book value $40,000, Market value $60,000), A U.S. savings account (Book value $10,000, Market value $11,000) and a condo she bought in Mexico (Book value $90,000, Market value $100,000) which is for personal use. Does Emma need to declare the income generated by these assets? O Yes, because the book value of eligible assets is greater than or equal to $100,000 O Yes, because the market value of eligible assets is greater than or equal to $100,000 O No, because ti I quilgo.com is sharing your screen. Stop sharing Hide