Question: Problem 2 - 5 Calculating Taxes [ LO 3 ] Sean Yoo is single and had $ 2 1 5 , 0 0 0 in

Problem 2-5 Calculating Taxes [LO3]
Sean Yoo is single and had $215,000 in taxable income. Using the rates from: () in the chapter, calculate his income taxes.
a. What is the average tax rate?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.
b. What is the marginal tax rate?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to the nearest whole number, e.g.,32.
\table[[a. Average tax rate,vdots,dots...............................],[b. Marginal tax rate,,%
Problem 2 - 5 Calculating Taxes [ LO 3 ] Sean Yoo

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