Which of the Following Statements Regarding the Calculation of Regular

question 53

Multiple Choice

Which of the following statements regarding the calculation of regular tax liability is false?

• A)Regardless of filing status,the highest marginal rate for individual taxpayers is 37%.
• B)The individual tax rate schedules are adjusted annually for inflation.
• C)All of the tax brackets in the married-filing-separately rate schedule are one-half of the brackets in the married-filing-jointly rate schedule.
• D)None of the above is false.

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