Victoria Bassett is from Eau Claire, Wisconsin and she has a $61,500 gross income in 2016. What amount of taxes on a gross income will she pay? (Hint: Use Table 4-1.) Round your answer for tax liability to the nearest cent, answer for an average tax rate to two decimal places and answer for a marginal tax rate to the nearest whole number.

Do the Math 4-6 How Your Income Is Really Taxed Victoria Bassett is from Eau Claire, Wisconsin and she has a $61,500 gross income in 2016. What amount of taxes on a gross income will she pay? (Hint: Use Table 4-1.) Round your answer for tax liability to the nearest cent, answer for an average tax rate to two decimal places and answer for a marginal tax rate to the nearest whole number. She paid $ in taxes on a gross income. An average tax rate would be 1 percent on gross income. A marginal tax rate would be 25 percent