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What is their federal tax liability

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Problem - PERSONAL TAXES - Susan and Stan Britton are a married couple who file a joint income tax return, where the tax rates are based on the tax tables presented in the chapter. Assume that their taxable income this year was $375,000.

Required -

a. What is their federal tax liability?

b. What is their marginal tax rate?

c. What is their average tax rate?

Reference no: EM132832360

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