Jill and Geoffry are married and file a joint return. They expect to have $420,000 of taxable income in the next year and are considering whether to purchase a personal residence that would provide additional tax deductions of $126,000 for mortgage interest and real estate taxes. View the 2022 tax rate schedule for the Married Filing Joint filing status. Read the requirements. ... Requirement a. What is their marginal tax rate for purposes of making this decision? (Enter amounts as percentages to one decimal place.) What is the marginal tax rate if the personal residence is not purchased? What is the marginal tax rate if the personal residence is purchased? % %

Jiti and Geoffry are married and file a joint return. They expect to have $420,000 of taxable income in the next year and are considering whether to purchase a personal residence that would provide additional tax deductions of $126,000 for mortgage inferest and real estate taxes. View the 2022 tax rale schedule foe the Married Fling Joint fing status. Reag the requirements: Requirement a. What is their marginal tax rate for purposes of making this decision? (Enter ameunts as persentages to one decimal place) What is the marginal tax rate if the personal residence is not purchased? What is the marginal tax rate if the personal residence is purchased