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Leonardo, who is married but files separately, earns $210,000 of taxable income. He also has $17,750 in city of Tulsa bonds. His wife, Theresa, earns
Leonardo, who is married but files separately, earns $210,000 of taxable income. He also has $17,750 in city of Tulsa bonds. His wife, Theresa, earns $98,000 of taxable income. If Leonardo and his wife file married filing jointly in 2018, what would be their effect tax rate (rounded)? (Use tax rate schedule) rev: 02_04_2019_QC_CS-156778 Multiple Choice 17.07% 20.82% 26.11% 27.07% 19.19%
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