Tess,a single taxpayer,earns$96,000in taxable income and$9,000in interest from an investment in municipal bonds(tax exempt) from the city of El Paso. Using the U.S. tax rate schedule for year 2022, what is her average tax rate( rounded 2 decimal places xx.xx )?

2.5 points

QUESTION 2

Martin, a single taxpayer, earns $96,000 per year in taxable income. What is Martin's current marginal tax rate (if he earns one more dollar) for year 2022?

2.5 points

QUESTION 3

Tess,a single taxpayer,earns$96,000in taxable income and$9,000in interest from an investment in municipal bonds(tax exempt)from the city of El Paso.Using the U.S.tax rate schedule for year2022,what is her effective tax rate(rounded 2 decimal places xx.xx)?

2.5 points

QUESTION 4

Martin, a single taxpayer, earns $96,000 per year in taxable income and an additional $14,000 per year in city of LasCrucesbonds (tax exempt), if Martin earns an additional $80,000 in taxable income in year 2022, what is his marginal tax rate (rounded 2 decimal places xx.xx) on this additional income?