Geronimo files his tax return as a head of household for year 2016. If his taxable income is $72,000, what is his average tax rate (rounded)?
A) 17.08%
B) 18.24%
C) 19.13%
D) 25.00%
E) None of these

Name: Geronimo files his tax return as a head of household for year 2016. If his taxable income is $72,000, what is his average tax rate (rounded)? A) 17.08% B) 18.24% C) 19.13% D) 25.00% E) None of these
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Quizplus · Accepted Answer

[6,897.50 + ((72,000 - 50,400) × .25)]/72,000 = 17.11%

Geronimo Files His Tax Return as a Head of Household