Question

Determine the amount of average income tax liability per tax return, for each income range provided, using the information in the below table. Taxable Income and Total Tax Liability are in thousands. (Enter your answers in dollars rounded to the nearest dollar value.) Ranges of Adjusted Gross Income $15,000 to $30,000 to 29,734,201 Under 50,000 to $100,000 to $200,000 or Item Number of returns Taxable income Total tax liability Average tax rate $15,000 under $30,000 under $50,000 under $100,000 under $200,000 18,932,828 34,703,083 26,719,852 33,267,270 ,959,511 $21,397,029 $212,001,025 昌564,350,669 $1,600, 848,472 $1,930,713,847 $2,994,244,158 $. 1,826,539 $ 18,583,289 57,988,578 $. 210, 103,387 322,558,340 835,714,234 8.54% 8. 77% 10.28% 13.12% 16.71% 27.91% Under $15,000 $15,000 to under $30,000 $30,000 to under $50,000 $50,000 to under $100,000 $100,000 to under $200,000 $200,000 or more

Answer 1

	Total Tax Liability (A)	Number of Returns (B)	Average Income Tax Liability per Tax Return (A/B)
Under $15,000	1,826,539,000	34,703,083	53
$15,000 to under $30,000	18,583,289,000	29,734,201	625
$30,000 to under $50,000	57,988,578,000	26,719,052	2,170
$50,000 to under $100,000	210,103,387,000	33,267,270	6,316
100,000 to under $200,000	322,558,340,000	18,932,828	17,037
$200,000 or more	835,714,234,000	6,959,511	120,082