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 $280,000 in taxable income?
A)39.9%
B)40.2%
C)42.7%
D)44.8%

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 $280,000 in taxable income?
A)39.9% 
B)40.2% 
C)42.7% 
D)44.8%

Quizplus · Accepted Answer

The average tax rate is calculated by dividing the total tax paid by the total taxable income. Based on the tax schedule in Table 12-6, the average tax rate for an individual with $280,000 in taxable income is 39.9%.

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