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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.
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Asked 11/7/2010 11:07:48 AM
Updated 2/19/2016 11:25:04 AM
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Taxes paid/Taxable income is the formula for calculating the average tax rate.
Added 2/19/2016 11:25:04 AM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [2/19/2016 3:53:04 PM]
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