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Use Table 3.6. (Do not round intermediate calculations. Enter the average tax rate as a percent rounded to 1 decimal place.) a. What would be
Use Table 3.6. (Do not round intermediate calculations. Enter the average tax rate as a percent rounded to 1 decimal place.) a. What would be the marginal tax rate for a married couple with income of $90,500? b. What would be the average tax rate for a married couple with income of $90,500? c. What would be the marginal tax rate for an unmarried taxpayer with income of $90,500? d. What would be the average tax rate for an unmarried taxpayer with income of $90,500?
TABLE 3.6 Personal tax rates, 2018 Tax Rate (%) 10 Taxable income ($) Married Taxpayers Filling Joint Returns $0-$19,050 $19,051-$77,400 $77,401-$165,000 $165,00 1-$315,000 $315,00 1-$400,000 $400,00 1-$600,000 $600,001 and above Single Taxpayers $0-$9,525 $9,526-$38,700 $38,701-$82,500 $82,501-$157,500 $157,501-$200,000 $200,001-$500,000 $500,001 and above 12 22 24 32 35 37Step by Step Solution
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