Tax liability $(6$ points$)$

Average tax rate $(6$ points$)$

Effective tax rate $(6$ points$)$

Marginal tax rate $(6$ points$)$

If Alvira exercised her NQOs that had a bargain element of $$270,000$ what would be the marginal tax rate on the additional income? $(6$ points$)$

INDIVIDUAL TAX RATES

$\backslash$table$[[$Taxable income,$],[$Salary$,450,000],[$Corporate interest,$35,000],[\backslash$table$[[$AGI$],[$S$]],485,000],[$less: itemized deductions,$(65,000)$