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Use the following tax rates and income brackets for 2015 to answer the following question(s) Tax Rates 10% 15% 25% 28% 33% Individual Returns $0

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Use the following tax rates and income brackets for 2015 to answer the following question(s) Tax Rates 10% 15% 25% 28% 33% Individual Returns $0 to $9,075 $9,076 to $36,900 $36,901 to $89,350 $89,351 to $186,350 $186,351 to $405,100 $405,101 to $406,750 Joint Returns SO to $18, 150 $18,151 to $73,800 $73,801 to $148,850 $148,851 to $226,850 $226,851 to $405,100 $405,101 to $457,600 35% In 2015, John and Nicole earned a combined taxable income of $147,600 from employment and they file a joint tax return. What is their average tax rate? 15% 16.96% 19.39% 25% O Type here to search 16 0

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