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Leonardo, who is married but files separately, earns $80,600 of taxable income. He also has...

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Accounting

Leonardo, who is married but files separately, earns $80,600 of taxable income. He also has $15,600 in city of Tulsa bonds. His wife, Theresa,
earns $50,600 of taxable income.
If Leonardo earned an additional $30,600 of taxable income this year, what would be the marginal tax rate on the extra income for 2023?(Use
tax rate schedule.)
Note: Do not round intermediate calculations. Round your final answer to two decimal places.
Multiple Choice
22.00 percent
13.96 percent
24.00 nercent
image

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