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Latesha, a single taxpayer, had the following inco

Latesha, a single taxpayer, had the following income and deductions for the tax year 2013: a. Compute Latesha’s taxable income and federal tax liability for 2013. b. Compute Latesha’s marginal, average, and effective tax rates. c. For tax planning purposes, which of the three rates in Part b is the most important?

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