Geronimo files his tax return as a head of household for year 2019. If his taxable...

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Geronimo files his tax return as a head of household for year 2019. If his taxable income is $225,000, what is his average ta

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Answer 1

Answer #1

Tax payable	52525	=45210+(225000-204100)*35%

Tax payable	52525
Divide by Taxable income	225000
Average tax rate	23.34%

Option A is correct

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Answer 2

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Geronimo files his tax return as a head of household for year 2019. If his taxable...

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