Corporation XYZ ended the year with a taxable income of $78,…
Corporation XYZ ended the year with a taxable income of $78,000. Based on the following Federal Tax rate structure, Taxable Income Over Not Over Tax Rate $0 $50,000 15% $50,000 $75,000 25% $75,000 $100,000 34% $100,000 $335,000 39% What is the marginal tax rate for the above corporation?