Type:Individual ProjectUnit:Individual Income Tax FrameworkDue Date:Tue, 2/13/18Grading Type:NumericPoints Possible:100Points Earned:0Deliverable Length:1-2 pagesView objectives for this assignmentGo...

Type:Individual ProjectUnit:Individual Income Tax FrameworkDue Date:Tue, 2/13/18Grading Type:NumericPoints Possible:100Points Earned:0Deliverable Length:1-2 pagesView objectives for this assignmentGo To:

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Assignment Details

Assignment Description

Another client, Ms. Dunham, has asked you to help her understand how her tax is computed. You need to provide Ms. Dunham with the following:

• An example of how to calculate the tax liability using the tax rate table and the tax rate formula for a taxpayer with taxable income of $55,000, filing status married filing jointly.


• An explanation of the marginal tax rate and average tax rates for this tax payer.

Be clear in our elaboration s that Ms. Dunham, a person with no business or tax background, can understand.

Please submit your assignment.