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Manny, a single taxpayer, earns $65,000 per year in taxable income and an additional $12,000 per year in city of Boston bonds. What is Manny's
- Manny, a single taxpayer, earns $65,000 per year in taxable income and an additional $12,000 per year in city of Boston bonds. What is Manny's current marginal tax rate for 2023? (Use tax rate schedule.)
a. 11.32 percent
b. 12.00 percent
c. 12.47 percent
d. 15.26 percent
e. None of the choices are correct.
- If Susie earns $798,000 in taxable income, how much tax will she pay as a single taxpayer for 2023? (Use tax rate schedule.)
a. $225,174
b. $295,260
c. $255,592
d. $207,385
e. None of the choices are correct.
the tax rate schedule to use is below:
Individuals Schedule X-Single Schedule V-1-Married Filino .Inintlv or Onalifvino surviving snouseStep by Step Solution
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