Question: Problem 3-26 Tax Rates (LO4) Using Table 3.6, calculate the marginal and average tax rates for a single taxpayer with the following incomes: (Do not

Problem 3-26 Tax Rates (LO4) Using Table 3.6, calculate the marginal

and average tax rates for a single taxpayer with the following incomes:

Problem 3-26 Tax Rates (LO4) Using Table 3.6, calculate the marginal and average tax rates for a single taxpayer with the following incomes: (Do not round intermediate calculations. Round your answers to 1 decimal place.) Income Marginal Tax Rate Average Tax Rate a. $ % % b. ta % % 28,500 67,000 317,000 4,700,000 C. $ % % d. $ % % TABLE 3.6 Personal tax rates, 2018 Tax Rate (%) 10 12 Taxable Income ($) Married Taxpayers Filing Jolnt Returns $0-$19.050 $19.051-$77,400 $77,401-$165,000 $ 165,00 1-$315.000 $315,00 1-$400,000 $400.00 1-$600,000 $600.001 and above Single Taxpayers $0-$9,525 $9.526-$38,700 $38,701-$82,500 $82,501-$157,500 $157,501-$200.000 $200,001-$500.000 $500,00 1 and above 22 24 32 35 37

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