compute the federal income tax due on adjusted wages of $310,000 using the tax table below. what is the effective tax rate?   tax = $_______.    effective rate=________%

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compute the federal income tax due on adjusted wages of $310,000 using the tax table below. what is the effective tax rate?

 

tax = $_______.    effective rate=________%

Single
and
Marginal
Tax
Tax Brackets
But Not
Rate
Over
Over
10.0%
$0
$8,375
$34,000
$82,400 $171,850
33.0% $171,850 $373,650
$8,375
$34,000
$82,400
15.0%
25.0%
28.0%
35.0% $373,650
Transcribed Image Text:Single and Marginal Tax Tax Brackets But Not Rate Over Over 10.0% $0 $8,375 $34,000 $82,400 $171,850 33.0% $171,850 $373,650 $8,375 $34,000 $82,400 15.0% 25.0% 28.0% 35.0% $373,650
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