What is the average tax rate of the taxpayer

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Reference no: EM13922049

Married couple filing a joint tax return and had the taxable income of $185,250

1) Using the tax table, what would be the federal income tax liability of this couple?

a) 26,687.50

b) 51,870

c) 40,113.50

d) 41,496

2) What is the average tax rate of the taxpayer?

a) 21.65

b) 19.50

c) 28.00

d) 22.40

3) The couple's marginal tax rate is?

a) 21.65

b) 19.50

c) 28.00

d) 22.40

Reference no: EM13922049

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