Kathy a single taxpayer has total income from all sources, Ask an Expert

Management Studies

kathy, a single taxpayer, has total income from all sources of $ 100,000 for 2008. Her taxable income after taking into consideration $25,000 in deductions and $10,000 in exclusions is $65,000. Kathy's liability is $12,594. What are Kathy's marginal, average, and effective tax rates?

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M998586

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