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5 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,
5 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 instead had $30,000 of additional tax deductions for 2022, his marginal tax rate on the deductions would be: (Use tax rate schedule.) Multiple Choice 12.00 percent. 15.26 percent. 22.00 percent. 24.00 percent. None of the choices are correct.
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