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If Helen Earns $105 000 Taxable Income in 2010, How

Question 134

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If Helen earns $105 000 taxable income in 2010, how much federal income tax does she have to pay according to the brackets and rates as: follows First $40 970 at 15 percent; Over $40 970 up to $81 941 at 22 percent; Over $81 941 up to $127 021 at 26 percent? What is Helen's average tax rate for federal tax?

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= (40 970 × 15%)+ (81 941 - 40...

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