Question: how do I work this problem to get the tax liability for earnings before taxes of $11,600 Marginal and average tax rates Partner A, a

 how do I work this problem to get the tax liabilityfor earnings before taxes of $11,600 Marginal and average tax rates Partner

how do I work this problem to get the tax liability for earnings before taxes of $11,600

A, a single taxpayer , is one of two partners in asmall business . As such , she receives pass - through income

Marginal and average tax rates Partner A, a single taxpayer , is one of two partners in a small business . As such , she receives pass - through income that is taxed at her personal tax rates . After all adjustments and deductions have been made , including the 20%/ qualified business income deduction , she is preparing to calculate her taxes owed for the year . Using the tax rate schedule given here , perform the following : a . Calculate the tax liability , after-tax earnings , and average tax rates for the following levels of partnership earnings before taxes : $1 1, 600; $81, 300: $296.0100; $490, 000; $ 1. 2 million ; $ 1. 5 million ; and $ 1 . 8 million . 6 . Plot the average tax rates | measured on the "_axis ) against the pretax income levels ( measured on the *_axis ) . What generalization can be made concerning the relationship between these variables ?" a . Calculate the tax liability , after- tax earnings , and average tax rates for the following levels of partnership earnings. before taxes : $1 1, 600; $81, 300. 5296,000; $490, 000. 51, 2010.000; $1. 5 million ; and $ 1. 8 million . The tax liability for earnings before taxes of $1 1. 600 is $| | | Round to the nearest dollar.!15 - Single Taxpayers - 2018 Tax calculation nge of taxable income Base tax + |Marginal rate* amount over base bracket ) 50 to $9. 525 + ( 10%'s *` amount over 9. 525 to 38. 700 953 + (12% ` amount over 9,525) 38, 700 to $2.500 4. 45.4 + ` amount over 38, 70.01 82, 500 to 157, 500 14. 090 + 124%6 ` amount over $2, 50 0') 157,500 to 200.000 32.090 + ` amount over 157, 5001 200,000 to 500.000 45. 690 + 135% ` amount Over 200, 0001 18: 500.000 150.690 + 137%/} ` amount OVER 500,0001

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