For 2018, Tom has taxable income of $48,005. When he uses the Tax Tables, Tom finds that his tax liability is higher than under the Tax Rate Schedules.
a. Why is there a difference?
b. Can Tom use the Tax Rate Schedules?

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The Answer of For 2018, Tom has taxable income of $48,005. When he uses the Tax Tables, Tom finds that his tax liability is higher than under the Tax Rate Schedules.
a. Why is there a difference?
b. Can Tom use the Tax Rate Schedules?

For 2018, Tom Has Taxable Income of $48,005