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federal income tax PART A (3 pts.) Marc, a single taxpayer, earns a $240,000 salary, $50,000 in interest from an investment in city of Birmingham

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PART A (3 pts.) Marc, a single taxpayer, earns a $240,000 salary, $50,000 in interest from an investment in city of Birmingham Bonds, and $30,000 in employer provided educational assistance (which qualifies a working condition fringe benefit). He has no dependents. Assume that Marc also has no deductions for AGI and does not qualify for the QBI deduction. He has $9,000 in itemized deductions. What is Marc's filing status? Compute Marc's taxable income and his tax liability

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