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The Maloneys, a family of two adults and three children, had gross annual income of $110,000 for 2017. Determine the total tax owed (including the

  1. The Maloneys, a family of two adults and three children, had gross annual income of $110,000 for 2017.

  1. Determine the total tax owed (including the child tax credit of $2,000 per child), assuming a filing status of married, filing jointly
  2. What is their average tax rate?
  3. What is their marginal tax rate?

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