Leonardo, who is married but files separately, earns $83,000 of taxable income. He also has $18,000 in city of Tulsa bonds. His wife, Theresa, earns $53,000 of taxable income.

If Leonardo earned an additional $33,000 of taxable income this year, what would be the marginal tax rate on the extra income for 2022? (Use tax rate schedule.)

Note: Do not round intermediate calculations. Round your final answer to two decimal places.

Multiple Choice

22.00 percent

14.14 percent

24.00 percent

23.63 percent

None of the choices are correct.