Q-1
Use the Form 1040EZ Tax Tables to determine tax liability. a. Married taxpayers, taxable income of $28,764. b. Single taxpayer, taxable income of $93,637. Answer: a. Liability = $3,394 marginal = 15% average = 11.80%. b. Liability = $19,286 marginal = 28% average = 20.60%. Feedback: Liability comes from the tax tables. ................
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