###### Asked in Taxes and Tax PreparationMath and ArithmeticIncome Taxes

Taxes and Tax Preparation

Math and Arithmetic

Income Taxes

# What is your average tax rate if your taxable income is eighty-six thousand dollars and you paid taxes of eighteen thousand dollars?

## Answer

###### Wiki User

###### May 13, 2012 11:26PM

(18000/86000) x 100 = (18/86) x 100 = (9/43) x 100 = 900/43 = 20.93%