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Use the 2019 U.S. federal tax rates in the table to calculate answers to the questions below. Give all answers to two decimals. 1st attempt
Use the 2019 U.S. federal tax rates in the table to calculate answers to the questions below. Give all answers to two decimals.
1st attempt
If you have a taxable income of $289,980.00, what is your top marginal tax rate? % total tax bill? $ average tax rate? %
Taxable Income Tax rate 10% 12 $0-$9.700 $9.701-$39.475 $39,476-$84,200 $84,201-160.725 $160,726-$204,100 $204,101-$510,300 Over $510,300 22 24 32 35 37Step by Step Solution
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