if Susie earns $625,000 in taxable income and files as head of household for year 2018,...

Question

Question

if Susie earns $625,000 in taxable income and files as head of household for year 2018, what is Susie's average tax rate? (use tax rate schedule)

business accounting

Answer 1

Answer #1

ANSWER

As per the given question,

The taxable income is = $625,000

Average Tax Rate =177048/625000*100

=28.32%

Answer 2

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