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  3. you have a taxable income of $35,600. use the 20

You have a taxable income of $35,600. Use the 2019 federal tax tables...

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Accounting

You have a taxable income of $35,600.

  1. Use the 2019 federal tax tables to determine your tax liability given your filing status.

  2. What is your marginal tax rate?

  3. What is your average tax rate?

  4. You had $4400 withheld from your paychecks for federal taxes. When you file your return will you have a refund or owe money? How much?

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