eBook Problem Walk Through Susan and Stan Britton are a married couple who file a joint income tax return, where the tax rates are based on the tax table 3 5 Assume that their taxable income this year was $151,000 Do not round intermediate calculation What is their federal tax liability Round your answer to the nearest dollar $ What is their marginal tax rate Round your answer to the nearest whole number What is their average tax rate Round your answer to two decimal places

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Question: eBook Problem Walk-Through Susan and Stan Britton are a married couple who file a joint income tax return, where the tax rates are based on

eBook Problem Walk-Through

Susan and Stan Britton are a married couple who file a joint income tax return, where the tax rates are based on the tax table 3.5. Assume that their taxable income this year was $151,000. Do not round intermediate calculation.

What is their federal tax liability? Round your answer to the nearest dollar.

$
What is their marginal tax rate? Round your answer to the nearest whole number.

%
What is their average tax rate? Round your answer to two decimal places.

%

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