Which of the following is the formula for calculating the average tax rate?
A. Adjusted Gross Income/ Taxes paid
B. Taxes paid/ Adjusted Gross Income
C. Taxable income/Taxes paid
D. Taxes paid/Taxable income
Taxes paid/Taxable income is the formula for calculating the average tax rate.
Question
Asked 11/7/2010 11:07:48 AM
Updated 2/19/2016 11:25:04 AM
1 Answer/Comment