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Which of the following is the formula for calculationg the average tax rate? A. taxes paid/taxable income, B. taxes paid/adjusted gross income, C. adjusted gross income/taxes paid, D. taxable income/taxes paid
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Asked 10/3/2010 10:34:32 AM
Updated 1/29/2024 1:07:22 PM
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User: Which of the following is the formula for calculationg the average tax rate? A. taxes paid/taxable income, B. taxes paid/adjusted gross income, C. adjusted gross income/taxes paid, D. taxable income/taxes paid

Weegy: The answer is A. Taxes paid/Taxable income
Expert answered|peachmangopie|Points 90|

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Asked 10/3/2010 10:34:32 AM
Updated 1/29/2024 1:07:22 PM
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The following is the formula for calculating the average tax rate is: taxes paid/taxable income.
Added 1/29/2024 1:07:14 PM
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