As a senior engineer for a large consulting firm, Ray earned $113,000 last year. Ray is married with two children. His wife had no income and they will not itemize their tax return. What is the effective federal tax rate the couple will pay if they file a joint return? Assume no other income adjustments.

As a senior engineer for a large consulting firm, Ray earned $113,000 last year. Ray is married with two children. His wife had no income and they will not itemize their tax return. What is the effective federal tax rate the couple will pay if they file a joint return? Assume no other income adjustments.

SWFT Essntl Tax Individ/Bus Entities 2020

23rd Edition

ISBN:9780357391266

Author:Nellen

Publisher:Nellen

Chapter9: Individuals As Taxpayers

Section: Chapter Questions

Problem 3BCRQ

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