- Using Table 3 6 Calculate The Marginal And Average Tax Rates For A Single Taxpayer With The Following Incomes Do Not 1 (231.91 KiB) Viewed 14 times
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.) Income Marginal Tax Rate Average Tax Rate a. $ 25,000 % $ 60,000 % C. $ 310,000 % d. $ 4,000,000 % TABLE 3.6 Personal tax rates, 2018 Taxable Income ($) o CA Single Taxpayers $0-$9,525 $9,526-$38,700 $38,701-$82,500 $82,501-$157,500 $157,501-$200,000 $200,001-$500,000 $500,001 and above % % % % Married Taxpayers Filling Joint Returns $0-$19,050 $19,051-$77,400 $77,401-$165,000 $165,001-$315,000 $315,001-$400,000 $400,001-$600,000 $600,001 and above Tax Rate(%) 10 12 22 24 32 35 37