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Jan
The Dyrdek Co. had $264,000 in 2014 taxable income
Question: The Dyrdek Co. had $264,000 in 2014 taxable income…
The Dyrdek Co. had $264,000 in 2014 taxable income. Use the tax rates from Table 2.3. What is the average tax rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Average tax rate %
What is the marginal tax rate? (Enter your answer as a percent rounded to the nearest whole number, e.g., 32.)
Marginal tax rate %
Taxable Income Tax rate
$0-50000 15%
50001-75000 25
75001-100000 34
100001-335000 39
335001-10000000 34
10000001-15000000 35
15000001-18333333 38
18333334+ 35
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