Asked by Marie

Could someone show me how to calculate average tax rate. What would be the average tax rate for a person who paid taxes of $4,864.14 on a taxable income of $39,870?

Can someone help please?

14 years ago

Answered by Ms. Sue

(4,864.14 / 39,870) * 100 = ?

14 years ago

Answered by Marie

Is it 12.2? Thanks alot!

14 years ago

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