Question: Determine the average tax rate and the marginal tax rate for each of the following instances: Use the appropriate Tax Tables and Tax Rate Schedules.
Determine the average tax rate and the marginal tax rate for each of the following instances:
Use the appropriate Tax Tables and Tax Rate Schedules.
- A married couple filing jointly with taxable income of $33,591.
- A married couple filing jointly with taxable income of $201,269.
- A married couple filing separately, one spouse with taxable income of $44,485 and the other with $56,818.
- A single person with taxable income of $80,036.
- A single person with taxable income of $311,230.
- A head of household with taxable income of $97,192.
- A qualifying widow with taxable income of $24,165.
- A married couple filing jointly with taxable income of $11,816.
(For all requirements, when computing average tax rate, use the Tax Tables for taxpayers with taxable income under $100,000 and the Tax Rate Schedules for those with taxable income above $100,000. Round "Average tax rate" to 1 decimal place.)
Complete this question by entering your answers in the tabs below.
- Req a and b
- Req c
- Req d to h
a. A married couple filing jointly with taxable income of $33,591.
b. A married couple filing jointly with taxable income of $201,269.
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c. A married couple filing separately, one spouse with taxable income of $44,485 and the other with $56,818.
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d. A single person with taxable income of $80,036.
e. A single person with taxable income of $311,230.
f. A head of household with taxable income of $97,192.
g. A qualifying widow with taxable income of $24,165.
h. A married couple filing jointly with taxable income of $11,816.
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