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What is the tax liability for an individual with $48,000 of income if the tax rate is 15% on income up to $25,350 and 28%
What is the tax liability for an individual with $48,000 of income if the tax rate is 15% on income up to $25,350 and 28% on income over $25,350?
A. $13,440.00
B. $13,104.00
C. $10,495.50
D. $10,144.50
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