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What is the average Federal income tax rate in 2020 of an individual who earns $100,000 of taxable income? Refer to the following chart. Federal
What is the average Federal income tax rate in 2020 of an individual who earns $100,000 of taxable income? Refer to the following chart. Federal 2020 Income Tax Brackets and Rates 2020 Taxable Income Federal Tax Rate Up to $48,535 15% Over $48,535 up to 20.5% $97,069 Over $97,069 up to 26% $150,473 A 17.99% B 17.75% C 17.91% D 17.15%
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