Compute the 2021 tax liability and the marginal and average tax rates for the following taxpayers (use
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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
South-Western Federal Taxation 2022 Individual Income Taxes
ISBN: 9780357519073
45th Edition
Authors: James C. Young, Annette Nellen, William A. Raabe, Mark Persellin, William H. Hoffman
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