Leonardo, who is married but files separately, earns $180,000 of taxable income. He also has $15,500 in city of Tulsa bonds. His wife, Theresa, earns $51,000 of taxable income.

If Leonardo earned an additional $89,000 of taxable income this year, what would be the marginal tax rate on the extra income for year 2017? (Tax rate schedules)

Multiple Choice

35.85%

36.10%

33.10%

None of the choices are correct.

25.60%