Leonardo, who is married but files separately, earns $153,000 of taxable income. He also has $23,000 in city of Tulsa bonds. His wife, Theresa, earns $102,000 of taxable income.

How much money would Leonardo nd Theresa save if they file jointly instead of separately for year 2018? (Use tax rate schedule)

Multiple Choice

• Nothing
• $246.00
• $737.25
• $5,790.00
• None of the choices are correct.