Bang Nguyen recently graduated from college and started working in a good job. He has a little money invested in a stock that pays no dividends. He lives in an apartment, is single, and has no dependents. He has a $22,000 student loan balance and he paid $600 interest in 2011. He is considering going back to school part-time for some additional computer classes. He does not have a personal IRA and he contributed 2% of his $38,750 salary to his 401K plan at work for 2011. He is just completing his tax return for 2011. Based on the information below, answer the following questions.
-Bang's average tax rate for 2011 is closest to which of the following?
Definitions:
Social Anxiety Disorder
A mental health condition characterized by intense fear and avoidance of social situations due to feelings of embarrassment, self-consciousness, and concern about being judged by others.
Gym Class
A period of physical education in school where students participate in physical activities to improve their fitness and health.
Locker Room
Typically refers to a room in sports facilities where athletes change clothes and store personal items, often used in discussions about privacy or team dynamics.
Social Anxiety Disorder
A mental health condition characterized by an intense fear of being judged or negatively evaluated by others in social situations.
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