Question: Your client, Ms. Dunham, has asked you to help her understand how her tax is computed. You need to provide Ms. Dunham with the following:

Your client, Ms. Dunham, has asked you to help her understand how her tax is computed. You need to provide Ms. Dunham with the following:

An example of how to calculate the tax liability using the tax rate and the tax formula for a taxpayer with taxable income of 55,000, filing status Married Filing Jointly.

An explanation of the marginal tax rate and average tax rates for this tax payer

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