Table 12-12
United States Income Tax Rates for a Single Individual, 2009 and 2010.

-Refer to Table 12-12.Kurt is a single person whose taxable income is $35,000 a year.What is his average tax rate in 2010?

Question

Table 12-12
United States Income Tax Rates for a Single Individual, 2009 and 2010.
 
-Refer to Table 12-12.Kurt is a single person whose taxable income is $35,000 a year.What is his average tax rate in 2010?

Quizplus · Accepted Answer

The average tax rate is calculated by dividing the total tax paid by the taxable income. For a single person with a taxable income of $35,000 in 2010, the average tax rate is 15.3%.

Table 12-12 United States Income Tax Rates for a Single Individual, 2009