Question: Part 2 ( 7 0 % ) : Below are the 2 0 2 4 tax brackets for single American taxpayers: table [ [
Part :
Below are the tax brackets for single American taxpayers:
tableTax rate,Single,Married filing jointly$ to $$ to $$ to $$ to $$ to $$ to $$ to $$ to $$ to $$ to $$ to $$ to $$ or more,$ or more
a Build this table in Excel. Have the 'user' select their marital status single or married filing jointly from a data validation list which you should have in a cell.
b Have the 'user' also plug in their salary into a cell.
c In another cell, use a lookup function to determine and output the marginal tax rate based on their status and salary.
Note: the marginal tax rate is defined as the tax rate that applies to the last unit of the tax base. For example, if your income is $ your marginal tax rate is Your lookup function should be flexible enough to output the correct answer for a multitude of different salaries.
d Build a lookup function that calculates the amount of tax owed, for any given salary. For example, if you are single and your income is $ the tax owed is: of total tax owed. Please help me solve letter D in excel please
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