2023 Tax Rate Schedules Individuals

QUESTION 18 Leonardo, who is married but files separately, earns $80,000 of taxable income. He also has $15,000 in city of Tulsa bonds. His wife, Theresa, earns $50,000 of taxable income. If Leonardo and his wife are married filing jointly in 2023, what is Leonardo and Theresa's effective tax rate for 2023? (Use tax rate schedule Note: Round your final answer to two decimal places. O O 12.00 percent 16.96 percent 19.26 percent 22.00 percent None of the choices are correct.