Compute the 2018 Federal income tax liability and the marginal and effective tax rates in each of
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Compute the 2018 Federal income tax liability and the marginal and effective tax rates in each of the following independent cases. Use the Tax Rate Schedules in Appendix A for this purpose.
a. Chandler is single and reports taxable income of $94,800.
b. Lamar, a head of household, records taxable income of $57,050.
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South-Western Federal Taxation 2019 Comprehensive
ISBN: 9781337703017
42th Edition
Authors: David M. Maloney, William A. Raabe, William H. Hoffman, James C. Young
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