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Al Barkley Is Single and Earns $40,000 in Taxable Income

Question 66

Multiple Choice

Al Barkley is single and earns $40,000 in taxable income.He uses the following tax rate schedule to calculate the taxes he owes. Al Barkley is single and earns $40,000 in taxable income.He uses the following tax rate schedule to calculate the taxes he owes. What is Al's average tax rate? A) 11.85% B) 18.27% C) 21.35% D) 23.87% E) 25.00% What is Al's average tax rate?


A) 11.85%
B) 18.27%
C) 21.35%
D) 23.87%
E) 25.00%

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