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Leonardo, who is married but files separately, earns $100,000 of taxable income. He also has $9,500 in city of Tulsa bonds. His wife, Theresa, earns

Leonardo, who is married but files separately, earns $100,000 of taxable income. He also has $9,500 in city of Tulsa bonds. His wife, Theresa, earns $39,000 of taxable income.

If Leonardo earned an additional $31,000 of taxable income this year, what would be the marginal tax rate on the extra income for 2019? (Use tax rate schedules)

24.00 percent

19.09 percent

24.28 percent

None of the choices are correct

22.28 percent

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