Tameka has taxable income of $84,575 that is taxed as follows: $\begin{array}{lr}
\$ 9,325 \times 10 \%=&\$932.50\(\$ 37,950-\$ 9,325) \times 15 \%=&4,293.75\(\$ 854,225-\$ 37,950) \times 25 \%=&11,818.75\\text { Total tax }&\$17,045.00
\end{array}$
Her average tax rate is:

Question

Tameka has taxable income of $84,575 that is taxed as follows: $\begin{array}{lr}
\$ 9,325 \times 10 \%=&\$932.50\(\$ 37,950-\$ 9,325) \times 15 \%=&4,293.75\(\$ 854,225-\$ 37,950) \times 25 \%=&11,818.75\\text { Total tax }&\$17,045.00
\end{array}$
 Her average tax rate is:

Quizplus · Accepted Answer

The average tax rate is calculated by dividing the total tax by the taxable income and then multiplying by 100 to get a percentage. For Tameka, this is $\frac{\$17,045}{\$84,575} \times 100 = 20\%$.

Tameka Has Taxable Income of $84,575 That Is Taxed as Follows