Duela Dent is single and had $197,600 in taxable income. Using the rates from Table...
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Duela Dent is single and had $197,600 in taxable income. Using the rates from Table 2.3, calculate her income taxes. What is the average tax rate? What is the marginal tax rate?
Note: Do not round intermediate calculations and round your income tax answer to 2 decimal places, e.g., 32.16. Enter the average and marginal tax rate answers as a percent, rounded 2 decimal places, e.g., 32.16.
TABLE 2.3Personal tax rates for 2021 (Unmarried Individuals)
Taxable Income
Tax Rate
$ 09,950
10%
9,95040,525
12
40,52586,375
22
86,375164,925
24
164,925209,425
32
209,425523,600
35
523,600+
37
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