Which of the Following Statements Regarding the Calculation of Regular

question 62

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 35%.
• B) The individual tax rate schedules are adjusted annually for inflation.
• C) 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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