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Compute the 2016 Federal income tax liability and the marginal and effective tax rates in...

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Accounting

Compute the 2016 Federal income tax liability and the marginal and effective tax rates in each of the following independent cases. Use the 2016 tax rate schedules in Appendix A for this purpose.

a. Chandler is single and reports taxable income of $93,000.

b. Lazar, a head of household, records taxable income of $56,000.

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