37 - b. Single taxpayer, taxable income of $36,288. Answer:...

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43. Determine the tax liability, marginal tax rate, and average tax rate in each of the following cases. Use the Form 1040EZ Tax Tables to determine tax liability. a. Single taxpayer, taxable income of $21,690.
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Unformatted text preview: b. Single taxpayer, taxable income of $36,288. Answer: a. Liability = $2,860 marginal = 15% average = 13.2% b. Liability = $5,493 marginal = 25% average = 15.1%...
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This note was uploaded on 09/16/2011 for the course ACCOUNTING 145 taught by Professor Eric during the Spring '11 term at Palm Beach Community College.

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