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Timmy Tappan is single and had $163,840 in taxable income. Use the tax rates from Table 2.3. a. What are his income taxes? (Do not
Timmy Tappan is single and had $163,840 in taxable income. Use the tax rates from Table 2.3. | |
a. | What are his income taxes? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
b. | What is his average tax rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
c. | What is his marginal tax rate? (Do not round intermediate calculations and enter your answer as a percent.) |
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