A person who is single is expected to receive a fully


A person who is single is expected to receive a fully taxable Lump-Sum distribution of $265,000. What will be the effective tax rate on this distribution based ordinary income tax rates of year 2015? Use 2015 income tax rates.

A. 24.29%

B. 27.16%

C. 26.91%

D. 26.81%

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Financial Management: A person who is single is expected to receive a fully
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