1. Assume this is the tax table for your filing situation:
Rate Applicable Amount 10% up to 10,456
15% from 10,456 to 37,931
23% from 37,931 to $91,000
What is your average tax rate if you make 59,119 in taxable income?
2. You are a single filer, and last year you made 48,000, Assuming you receive an exemption of 4,100 and a standard deduction of 5,800, what is your taxable income?