Jenny, who files as a head of household, earns $69,400 in taxable income and $9,400...
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Jenny, who files as a head of household, earns $ in taxable income and $ in interest from an investment in City of Milford bonds. Using the US tax rate schedule for year how much federal tax will she owe? What is her average tax rate? What is her effective tax rate? What is her current marginal tax rate? If she has an additional $ of tax deductions, what is her marginal tax rate on these deductions? Use tax rate schedule. Show your work!
Note: Round the tax rates to two decimal places, eg as percent.
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