Using the 2019 marginal tax rates provided in the table

Last updated: 11/13/2023

Using the 2019 marginal tax rates provided in the table below find the marginal and average tax rates for the incomes shown Give all answers to two decimals Taxable Income 0 9 700 9 701 39 475 39 476 84 200 84 201 160 725 160 726 204 100 204 101 510 300 Over 510 300 1st attempt Part 1 2 points Tax rate 10 Part 2 2 points 22233 12 24 35 37 What would be your federal income tax if your taxable income was 111 000 00 S What is the average tax rate for 111 000 00 in taxable income How much tax would you owe if your income increased by 25 000 to 136 000 00 See Hint See Hint