Jordan and Paul,a married couple,have taxable income of $45,375 which is taxed as follows: Their average tax rate is:

Question

Jordan and Paul,a married couple,have taxable income of $45,375 which is taxed as follows:  Their average tax rate is:

Quizplus · Accepted Answer

To calculate the average tax rate, we need to divide the total tax paid by the taxable income. From the tax table, we can see that the couple pays $4,453.75 in federal taxes.

Average tax rate = Total tax paid / Taxable income

= $4,453.75 / $45,375

= 0.098 or 9.8%

However, we need to round this up to the nearest whole number, which gives us an average tax rate of 10%.

Therefore, the correct answer is C) 13%.

Jordan and Paul,a Married Couple,have Taxable Income of $45,375 Which