A taxpayer has a taxable income of $⁢44,725 and is filing as single. What is the total amount of tax the taxpayer owes, and what is their effective tax rate? The tax rates for 2023 are in the table.

For a single filer in 2023, the first $11,000 is taxed at 10%, and income from $11,000 to $44,725 is taxed at 12%. The tax is $1,100 + 0.12 × ($44,725 − $11,000) = $5,147. The effective tax rate is $5,147 ÷ $44,725 × 100 ≈ 11.51%, so the correct choice is A: $5,147 and 11.51%.

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