Table 12-6
The table below shows the marginal tax rates for an unmarried taxpayer for various levels of taxable income.
-Refer to Table 12-6. For this tax schedule, what is the average tax rate for an individual with $49,000 in taxable income?
A)25.8%
B)27.5%.
C)40.0%
D)43.7%

Question

Table 12-6
The table below shows the marginal tax rates for an unmarried taxpayer for various levels of taxable income. 
-Refer to Table 12-6. For this tax schedule, what is the average tax rate for an individual with $49,000 in taxable income?
A)25.8% 
B)27.5%. 
C)40.0% 
D)43.7%

Quizplus · Accepted Answer

The average tax rate is calculated by dividing the total tax paid by the total taxable income. Without the specific tax brackets from Table 12-6, we assume the average tax rate for $49,000 is closest to 25.8%.

Table 12-6 the Table Below Shows the Marginal Tax Rates for an for an Unmarried