4. LO.5 Compute the 2021 tax liability and the marginal and average tax rates for the following...
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4. LO.5 Compute the 2021 tax liability and the marginal and average tax rates for the following taxpayers (use the 2021 Tax Rate Schedules in Appendix A for this purpose).
a. Chandler, who files as a single taxpayer, has taxable income of $94,800.
b. Lazare, who files as a head of household, has taxable income of $57,050.
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Related Book For
Essentials Of Taxation Individuals And Business Entities
ISBN: 233160
1st Edition
Authors: Nellen/Young/Raabe/Maloney
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