Table 12-9
The table below shows the marginal tax rates for an unmarried taxpayer for various levels of taxable income.

-Refer to Table 12-9.For this tax schedule,what is the average tax rate for an individual with $280,000 in taxable income?
A) 39.9%
B) 40.2%
C) 42.7%
D) 44.8%

Question

Table 12-9
The table below shows the marginal tax rates for an unmarried taxpayer for various levels of taxable income.
 
-Refer to Table 12-9.For this tax schedule,what is the average tax rate for an individual with $280,000 in taxable income?
A) 39.9% 
B) 40.2% 
C) 42.7% 
D) 44.8%

Quizplus · Accepted Answer

The average tax rate is calculated by dividing the total tax paid by the taxable income. Without the specific tax brackets and rates from Table 12-9, we assume the correct choice is based on the given options.

Table 12-9 the Table Below Shows the Marginal Tax Rates for an for an Unmarried