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Homework answers / question archive / If your taxable income is $106000, your gross income is $135000, and you paid $38000 in taxes, what is your average tax rate? A

If your taxable income is $106000, your gross income is $135000, and you paid $38000 in taxes, what is your average tax rate? A

Finance

If your taxable income is $106000, your gross income is $135000, and you paid $38000 in taxes, what is your average tax rate?

A. 36%

B.40%

C. 48%

D. 33%

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