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Leonardo, who is married but files separately, earns $65,000 of taxable income. He also has $17,200 in city of Tulsa bonds. His wife, Theresa, earns
Leonardo, who is married but files separately, earns $65,000 of taxable income. He also has $17,200 in city of Tulsa bonds. His wife, Theresa, earns $52,200 of taxable income. If Leonardo and his wife file married filing jointly in 2020, what would be their average tax rate? Use tax rate schedule.) (Round your final answer to two decimal places.) Multiple Choice 12.00 percent 22.00 percent 14.82 percent 21.87 percent None of the choices are correct
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