Question

using the table, calculate the effective federal income tax rate for a married couple with two children who make a combined income of $45,650.A.) 7.4%B.) 3.9%C.) 5.2%

Answer 1

Answer

Option B is correct.

3.9%

Explanation

For an income of $45,650, the table states that the federal income tax is $1,785

So, we can now calculate the percentage of the income that the federal income tax is.

Percentage = (1785/45650) × 100% = 3.9%

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