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what is the average federal income tax rate in 2019 of an individual who earns 80,000$ of taxable income ? Refer to the following chart
what is the average federal income tax rate in 2019 of an individual who earns 80,000$ of taxable income ? Refer to the following chart .
Federal 2019 income tax brackets and rates
2019 Taxable Income Applicable Federal Tax Rate
Up to 47,630$ 15%
Over 47,630$ up to 95,259$ 20.5%
Over 95,259$ up to 147,667$ 26%
Over 147,667$ up to 210,371$ 29%
Over 210,371$ 33%
a- 18.91%
b- 17.23%
c- 15.90%
d0 16.07%
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