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.) 25000 60000 310000 4000000
Single Taxpayers Tax rate %
$0-$9,525 10%
9526-38700 12%
38701-82500 22%
82501-157500 24%
157501-200000 32%
200001-500000 35%
500001 and above 37
Get Answers For Free
Most questions answered within 1 hours.