Multiple Choice
Use the following to answer questions
Figure: U.S.Marginal and Average Tax Rates
-(Figure: U.S.Marginal and Average Tax Rates) Using the tax rates shown in the figure,assume your annual income is $15,000,that you have a deduction of $1,800 for moving expenses,and that you claim four exemptions of $3,300: one for yourself and one for each of your three children.How much taxes are you expected to pay?
A) $0
B) $120
C) $132
D) $138
Correct Answer:

Verified
Correct Answer:
Verified
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