1. Donald, a single taxpayer, earns $60,000 in taxable income and $5,000 in interest from an investment in city of Birmingham bonds. Using the U.S. tax rate schedule for year 2023, what is his current marginal tax rate?

Group of answer choices

a) 12.00 percent

b) 32.00 percent

c) 24.00 percent

d) 22.00 percent

2. Dewey, a single taxpayer, earns $248,500 in taxable income and $7,650 in interest from an investment in city of Birmingham bonds. Using the U.S. tax rate schedule for year 2023, what is his current marginal tax rate?

Group of answer choices

a) 25.00 percent

b) 45.00 percent

c) 37.00 percent

d) 35.00 percent

3. Goofy, a single taxpayer, earns $60,000 in taxable income and $5,000 in interest from an investment in city of Birmingham bonds. Using the U.S. tax rate schedule for 2023, how much federal tax will he owe?

Note: Round your final answer to the nearest whole dollar.

Group of answer choices

a) $8,508

b) $13,200

c) $6,901

d)$7,200

4. Donald and Daisy got divorced in 2018. In the divorce decree, Daisy agreed to pay Donald $24,000 per year for five years (or until Donald's death or remarriage) and $10,000 per year until their daughter, Pebbles, turns 19 years old. What amount (if any) is included in Donald's gross income in 2023?

Group of answer choices

a) $34,000

b) $24,000

C) $10,000

d) $39,000