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  3. campbell, a single taxpayer, earns $400,000 in tax

Campbell, a single taxpayer, earns $400,000 in taxable income and $2,000 in interest from an...

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Accounting

Campbell, a single taxpayer, earns $400,000 in taxable income and $2,000 in interest from an investment in State of New York bonds. (Use the U.S. tax rate schedule.) Required:

How much federal tax will she owe?

What is her average tax rate?

What is her effective tax rate?

What is her current marginal tax rate?

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