If your tax is $3,728 on a taxable income of $27,825 and your tax is $3,743 on a taxable income of $27,925 you are in the 15 percent tax bracket.

Name: If your tax is $3,728 on a taxable income of $27,825 and your tax is $3,743 on a taxable income of $27,925 you are in the 15 percent tax bracket.
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Question

Quizplus · Accepted Answer

The increase in tax ($15) on an additional $100 of income indicates a marginal tax rate of 15%, which suggests you are in the 15% tax bracket.

If Your Tax Is $3,728 on a Taxable Income of $27,825