Table 12-9
United States Income Tax Rates for a Single Individual, 2012 and 2013.
-Refer to Table 12-9. Ruby Sue is a single person whose taxable income is $100,000 a year. What is her marginal tax rate in 2013?

Question

Table 12-9
United States Income Tax Rates for a Single Individual, 2012 and 2013. 
-Refer to Table 12-9. Ruby Sue is a single person whose taxable income is $100,000 a year. What is her marginal tax rate in 2013?

Quizplus · Accepted Answer

Ruby Sue's taxable income is $100,000, which falls in the 28% tax bracket. However, the marginal tax rate for this bracket is 30%.

Table 12-9 United States Income Tax Rates for a Single Individual, 2012